Technicals Point to Tiring Uptrend  ( 20 min )

A federal appeals court blocked the SAVE repayment plan until a final ruling is made in the case. The ruling is the latest development in a long-standing fight over student loan forgiveness, a key initiative of the Biden administration.  ( 21 min )

No content preview

A former Citigroup managing director who said she was fired because she refused to mislead a federal regulator about the bank's risk management accused Citigroup's chief operating officer of intentional deception, according to an amended lawsuit filed late on Thursday. Kathleen Martin said Chief Operating Officer Anand Selva "wanted to misreport Citi's metrics to deceive" the Office of the Comptroller of the Currency into believing the bank was complying with its $400 million settlement agreement in 2020 addressing risk management shortfalls.  ( 26 min )

(Bloomberg) -- Chinese investors dumped a record amount of US securities, both stocks and bonds, in May as diplomatic tensions remained elevated between the world’s largest economies.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With CovidWall Street’s ‘Great Rotation Trade’ Takes a Break: Markets WrapBiden Forgiv  ( 60 min )

No content preview

No content preview

Netflix said it will phase out its basic ad free plan in the US and France after removing that sign-up option in the UK and Canada last year.  ( 62 min )

In a trading day that saw most semiconductor stocks get crushed, Intel still posted gains.  ( 61 min )

Netflix reported second quarter earnings after the bell on Thursday. Here's what to know.  ( 62 min )

(Bloomberg) -- Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve hundreds of lawsuits over the wildfires that ripped through Maui last year, according to people familiar with the deal. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With Covi  ( 62 min )

OpenAI is exploring the idea of making AI chips on its own to overcome the shortage of expensive graphic processing units that it relies on to develop AI models such as ChatGPT, GPT-4, and DALL-E3. The Microsoft-backed company is hiring former Google employees who produced the online search giant's own AI chip, the tensor processing unit, and has decided to develop an AI server chip, the report added, citing three people who have been involved. "OpenAI is having ongoing conversations with industry and government stakeholders about increasing access to the infrastructure needed to ensure AI's benefits are widely accessible," a spokesperson for OpenAI told the Information.  ( 60 min )

No content preview

Netflix reported second quarter earnings after the bell on Thursday. Here's what to know.  ( 61 min )

Tech stocks fail to make a comeback from the Nasdaq's worst day since 2022, in an increasingly volatile week for Wall Street.  ( 43 min )

Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and such titles as "Bridgerton," "Baby Reindeer" and "The Roast of Tom Brady." The subscriber gains topped analyst predictions that Netflix would add about 5 million new customers from April through June. The new sign-ups brought the total number of global Netflix subscribers to more than 277 million.  ( 20 min )

No content preview

No content preview

(Bloomberg) -- Texas’ largest public pension fund has decided to shift almost $10 billion out of private equity investments, a blow to an asset class that has faced heightened scrutiny amid dwindling returns and a slowdown in exits for portfolio companies. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBiden Faces Intensified Calls to Step Aside While Ill With CovidBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS  ( 61 min )

Many investors are undeniably drawn to a real estate investment trust (REIT) offering a double-digit dividend yield and monthly distributions. If you prioritize returns and high dividend yield over risk or want to turbocharge your portfolio, you may ...  ( 61 min )

No content preview

(Bloomberg) -- SunPower Corp. plunged after the solar company told dealers it would no longer support new installations and was halting shipments. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBiden Faces Intensified Calls to Step Aside While Ill With CovidBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS Floats Tougher Trade Rules to Rein In China Chip IndustryS&P 500 Wipes Out Gains as Most Megacaps Slide: Mark  ( 61 min )

No content preview

No content preview

No content preview

No content preview

SunPower shares plummeted nearly 20% on Thursday after the solar company informed clients that it is pausing some operations, including deactivating lease and power purchase agreements from its own sales platform and halting new product shipments. In an online communication seen by Reuters and confirmed as authentic by the company, SunPower said it would stop countersigning new agreements and would be unable to support installation services for shipments in transit or already delivered. Companies providing solar power and storage solutions have been struggling with rising inventory levels amid weakness in the rooftop solar market.  ( 60 min )

Registrations of Tesla cars in California fell 24% in the second quarter, signaling mounting challenges for the electric-vehicle maker, according to a report by the California New Car Dealers Association.  ( 59 min )

Millions of people buy lottery tickets, drawn by the allure of a life-altering jackpot despite grim odds — roughly one in 300 million. For Steven, the improbable happened. On an episode of The Dave Ramsey Show titled "I Won the Lottery, and Now I’m Broke," Steven shared how, at 28, a simple scratch-off brought him a $1 million windfall. Yet by 36, he was penniless. His account on the show highlighted the challenging dynamics of sudden wealth and the dangers of addictive spending. Don't Miss: The  ( 62 min )

Techs reached for a comeback from the Nasdaq's worst day since 2022, in an increasingly volatile week for Wall Street.  ( 65 min )

No content preview

(Bloomberg) -- After US technology shares endured their worst drop since late 2022, pummeling the broader market, the trading desk of JPMorgan Chase & Co. is predicting the downdraft will be short-lived.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBiden Faces Intensified Calls to Step Aside While Ill With CovidBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS Floats Tougher Trade Rules to Rein In China Chip Indu  ( 61 min )

Retiring early raises a series of questions around both income and spending. You will need to manage your portfolio for longer-term drawdowns, an early end to new earnings, and a long wait for Social Security to kick in. You will need to manage your spending around new needs, particularly health insurance, long-term care insurance and […] The post I'm 55 With a $2 Million Net Worth and $6k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.  ( 63 min )

There are a couple of different sets of rules around inherited IRAs and you're subject to theleast flexible. While there are more options for a spouse or someone who's chronically ill ordisabled, a minor child, or someone not more than 10 years younger than the deceased IRAowner, you have just 10 years to withdraw the […] The post My Dad Left Me $450k in an IRA, But I’m in the 32% Tax Bracket. How Should I Structure My Withdrawals? appeared first on SmartReads by SmartAsset.  ( 63 min )

No content preview

Billionaire entrepreneur Mark Cuban has been a long-term investor in cryptocurrencies, allocating space to heavyweights like Ethereum (CRYPTO: ETH) in his portfolio. What Happened: In a podcast hosted by Delphi Digital in March 2021, Cuban heaped praise on the world's second-largest cryptocurrency. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto faucet? If you invested $100 in DOGE when Elon Musk first tweeted about it  ( 61 min )

Over the last three months, there's been a stunning increase in the number of real estate investment trusts (REITs) receiving analyst price target increases. This is important because analysts' views carry significant weight with investors, so price ...  ( 62 min )

Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.  ( 64 min )

Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.  ( 67 min )

No content preview

Techs reached for a comeback from the Nasdaq's worst day since 2022, in an increasingly volatile week for Wall Street.  ( 64 min )

Techs reached for a comeback from the Nasdaq's worst day since 2022, in an increasingly volatile week for Wall Street.  ( 62 min )

If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money to cover living expenses, where should you stash that unneeded cash? Investors now need to start taking RMDs at age 73 or, if they were born after 1960, at age 75. Depending on the balances of […] The post Can I Use My RMDs to Transfer Money Into My Roth IRA? appeared first on SmartReads by SmartAsset.  ( 63 min )

Supermicro's earnings are on tap, and all eyes are on its sky-high stock price... and liquid cooling.  ( 28 min )

Every market rally can have a bad day, and that’s what we saw yesterday. After a tremendous run, both long and short term, the NASDAQ had its worst day since December 2022, dropping almost 3% and falling to a two-week low. A drop in the mega-cap tech stocks has powered that decline, as worries over tighter trade restrictions with China and investor moves toward broadening the base have pulled money out of the major tech companies. While the market consensus would tell us that this bad day is not  ( 64 min )

No content preview

The International Monetary Fund on Thursday said the U.S. Federal Reserve should not cut interest rates until "late 2024" and the government needs to raise taxes to slow the growing federal debt -- including on households earning less than President Joe Biden's $400,000-a-year threshold. The prescriptions came in the detailed staff report from the IMF's annual "Article IV" review of U.S. economic policies released on Thursday. The Fund has been emphasizing in recent weeks the need for more fiscal prudence as U.S. deficits continue to grow despite robust economic growth and as Republicans and Democrats formulate tax and spending proposals ahead of November's presidential election.  ( 25 min )

No content preview

Find the latest Sunrise Realty Trust, Inc. (SUNS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

A couple of the names you might not recognize -- yet.  ( 62 min )

Just because it might no longer be an acquisition prospect doesn't mean it's not a great growth prospect for you.  ( 62 min )

No content preview

Both of these stocks are trading in the red this year, but one appears to have far more long-term potential than the other.  ( 63 min )

No content preview

This healthcare behemoth is one of the best dividend stocks on the planet.  ( 61 min )

No content preview

(Bloomberg) -- Blackstone Inc.’s real estate arm weighed on the investment giant’s second-quarter results, as high interest rates crimped property valuations and investors pumped less money into the business.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOHigh-Flying Chipmakers See Worst Plunge Since 2020: Mar  ( 61 min )

No content preview

No content preview

Bud Light has still not recovered from a controversial partnership last year with transgender influencer Dylan Mulvaney that sparked a boycott of the beer.  ( 61 min )

Techs reached for a comeback from the Nasdaq's worst day since 2022, in an increasingly volatile week for Wall Street.  ( 60 min )

(Bloomberg) -- Over three decades on Wall Street, Jim Covello has learned how painful it can be to bet against an inflating tech stock bubble. The market has a way of minting riches, month after month, even after it’s clear the latest breakthroughs aren’t playing out quite as expected.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryBrookfield Lines Up a 36-Year-Old Rising Star  ( 63 min )

No content preview

No content preview

No content preview

No content preview

No content preview

These three stocks can help supplement your monthly income.  ( 62 min )

What could it mean if a CEO sells 700,000 shares of his company's stock?  ( 62 min )

For the next stage of the AI era, companies with purposeful, practical, and highly targeted solutions stand to benefit the most.  ( 63 min )

The JPMorgan Chase CEO had some words of caution, despite the market's recent optimism.  ( 62 min )

Temporary market conditions are weighing on these stocks, but in the long run, they can still be great buys.  ( 62 min )

TSMC's U.S.-listed shares jumped 3.6% in premarket trading after the Taiwanese company, the world's largest contract chipmaker, posted second-quarter profit above expectations and forecast strong third-quarter revenue. Shares of Apple and Nvidia, both TSMC customers, jumped 0.9% and 3.3%, respectively. Other chipmakers such as Advanced Micro Devices, Intel and Micron Technology rose between 1.9% and 2.5%.  ( 61 min )

Though small caps stumbled Wednesday, in the five prior trading days, the Russell 2000 rocketed an eyewatering 12% as the Nasdaq Composite barely remained green.  ( 61 min )

No content preview

All three companies are leaders in businesses that are perpetually in demand.  ( 62 min )

Chipotle will release its Q2 earnings on July 24. What should investors look out for?  ( 62 min )

Analysts are predicting significant upside for some of the most innovative companies involved in the artificial intelligence (AI) revolution.  ( 64 min )

These stocks all pay more than four times the S&P 500 average.  ( 62 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. raised its projections for full-year revenue growth after results beat estimates, riding a global wave of spending on AI.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified  ( 61 min )

I try to find investments that can keep paying me well no matter what is going on in the world. So should you.  ( 62 min )

The S&P 500 is roaring through record highs, but investors should be cautious in the current market environment.  ( 62 min )

No content preview

The market can be unpredictable in the short run, but over the long term, the best companies will build lasting wealth for their shareholders.  ( 62 min )

Nvidia isn't the only game in town when it comes to artificial intelligence (AI).  ( 63 min )

Investors are worried about slowing sales and health risks. That's what they were worried about more than a decade ago, too.  ( 62 min )

CVR Energy contributes more than 75% of Icahn Enterprises' top line, but you'd be better off with one of these two energy giants instead.  ( 62 min )

Despite their recent underperformance, these two phenomenal dividend stocks -- sporting an average yield of 5.79% -- have the recipes to make their patient shareholders notably richer.  ( 64 min )

Home buyers and businesses waiting for lower interest rates in Europe are going to have to wait a little longer as the European Central Bank takes its time to make sure stubborn inflation is firmly under control before lowering its benchmark rate again. The ECB's stance for now resembles that that of the U.S. Federal Reserve, which is expected to hold off lowering rates at its next meeting July 30-31, though the Fed appears closer to cutting rates after that than is the ECB. Economists say the Frankfurt-based central bank, which decides interest-rate policy and supervises banks in the 20 European Union member countries that use the euro currency, will likely leave its key rate unchanged at 3.75% when its officials meet Thursday in Frankfurt.  ( 62 min )

Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. Japan's Nikkei 225 index finished down 2.4% at 40,126.35. The markets' spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if companies like the Netherlands’ ASML and Japan’s Tokyo Electron continue to ship advanced semiconductor technology to China.  ( 63 min )

No content preview

No content preview

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s earnings beat lofty analysts’ estimates on growing AI investments around the world. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Tests Positive for Covid-19, Scraps Las Vegas EventMa  ( 61 min )

Tech stocks have soared this year. With massive cash flows and some of the most envied AI-powered earnings growth stories out there, it can make sense to look no further than the Magnificent Seven companies for tech exposure. However, with the Federal Reserve open to cutting rates before inflation falls to 2%, perhaps the hyper-growth, high-multiple innovators (like SNOW, MRVL, and HUBS) are poised to pick up the slack from here. It’d be a mistake not to consider other tech firms that may be set  ( 63 min )

(Bloomberg) -- Asian shares declined Thursday, as a broad tech selloff continued on concerns over tighter US restrictions on chip sales to China.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Tests Positive for Covid-19, Scraps Las Vegas Ev  ( 62 min )

Finnish telecom equipment maker Nokia said on Thursday its operating profit fell 32% in the second quarter, as demand for 5G telecom equipment remained weak. Its comparable operating profit fell to 423 million euros ($462.38 million), from 619 million euros in the same quarter a year earlier. Nokia and its Swedish rival Ericsson have both been hit by customers buying less telecom equipment.  ( 60 min )

U.S. small-cap stocks are having a long-awaited moment, ignited by expectations of interest rate cuts and improving prospects for the election of Republican presidential candidate Donald Trump, a proponent of policies seen as benefiting smaller domestic companies. The small-company-focused Russell 2000 surged more than 11.5% over five days, the index's biggest gain in such a stretch since April 2020. At the same time, tech and growth stocks have wobbled, reinforcing the view that small caps have benefited from a rotation out of this year’s biggest winners into unloved areas of the market.  ( 62 min )

CEO David Zaslav is examining several strategic options for the company, ranging from selling assets to separating its Warner Bros movie studio and Max streaming service into a new company, the FT reported, citing people familiar with the matter. The report said most of the group's debt -- about $39 billion as of March 31, according to a company filing -- could remain with the pay-TV networks business if Warner Bros breaks up. Warner Bros' shares have fallen nearly 27% this year through Wednesday's close, valuing the company at $20.39 billion, according to LSEG data.  ( 61 min )

No content preview

No content preview

No content preview

Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a 30% jump in second-quarter profit on Thursday thanks to soaring demand. TSMC is set to report a net profit of T$238.8 billion for the quarter ended June 30, according to an LSEG SmartEstimate drawn from 21 analysts. While TSMC's stock - and the broader Taiwan market - has reached record highs, it dropped 2.4% on Wednesday after Republican presidential candidate Donald Trump said Taiwan "did take about 100% of our chip business" and should pay the U.S. for its defence as it does not give the country anything.  ( 61 min )

High mortgage rates have fallen some, but remain elevated as the Federal Reserve continues its fight against inflation.  ( 21 min )

Cintas beat profit and sales estimates and gave strong fiscal 2025 guidance as it added new customers, sold more to existing customers, and reduced expenses.  ( 20 min )

Netflix reported second-quarter revenue and earnings beating analysts' estimates as subscribers surged, though the streaming giant issued softer-than-expected guidance for the third quarter.  ( 20 min )

Inflation hasn’t stopped people from shopping, but it has changed the way they think about purchases—forcing companies to offer more discounts to keep customers.  ( 20 min )

Retail investors have poured into small-cap stocks amid hopes that recent economic data could embolden the Federal Reserve to start cutting interest rates, according to analysts at Vanda Research.  ( 18 min )

The S&P 500 fell 0.8% on Thursday, July 18, 2024, as tech stocks came under pressure for the second straight day and data showed an uptick in jobless claims.  ( 20 min )

Issuers of spot ether ETFs raced to offer low fees and fee waivers, while Grayscale came under fire for high fees ahead of the product's initial trading expected next week.  ( 24 min )

TWFG Insurance began trading on the Nasdaq on Thursday with shares climbing about 30% from their IPO price.  ( 20 min )

The number of people applying for unemployment insurance for the first time surged last week, matching its highest level of the year.  ( 21 min )

Shares of M&T Bank rose Thursday after the regional bank's second-quarter results beat analyst expectations.  ( 20 min )

OpenAI announced GPT-4o mini, a new lower cost small model, that could strengthen the company's leadership position in the artificial intelligence market.  ( 20 min )

Investors are optimistic about the stock market and expect to see more gains in the third quarter, according to a recent survey from Morgan Stanley.  ( 20 min )

Professional services firm Marsh & McLennan Cos, reported second-quarter sales and earnings that missed Wall Street's estimates.  ( 19 min )

Sales at Abbott Laboratories' diagnostics unit dropped in the second quarter as demand for COVID-19 tests slumped.  ( 20 min )

As many chip stocks fall on worries about tougher trade restrictions and geopolitical tensions, analysts say fears may be overblown, offering investors an opportunity to "buy the dip."  ( 21 min )

Amazon said Thursday that this year's two-day Prime Day event set records for sales, with Adobe Analytics saying consumers spent some $14 billion online broadly during the event.  ( 20 min )

Analysts Called Hire a 'Key Step' in Turnaround  ( 17 min )

Ford will expand manufacturing of Super Duty pickups at a plant in Canada that was expected to build electric vehicles.  ( 21 min )

The selloff in tech stocks that sent the S&P 500 and Nasdaq sinking yesterday continued at midday,. The Dow fell from its all-time high.  ( 17 min )

Infosys lifted its revenue guidance for fiscal 2025 as IT spending is expected to surge while companies invest in artificial intelligence. The news sent the stock sharply higher.  ( 18 min )

D.R. Horton shares surged in intraday trading Thursday after the company topped third-quarter earnings expectations.  ( 20 min )

Company Scaled Back its International Growth Plans  ( 20 min )

Darden Restaurants will buy Tex-Mex restaurant chain Chuy's for $605 million in cash.  ( 20 min )

Novartis American depositary receipts (ADRs) slipped Thursday even though the pharmaceutical giant beat second-quarter earnings expectations and raised its full-year core operating income guidance.  ( 20 min )

Nokia American depositary receipts (ADRs) fell Thursday after the Finnish telecommunications company posted an unexpected second-quarter loss as sales sank nearly 20% year-over-year.  ( 21 min )

Taiwan Semiconductor Manufacturing Company reported second-quarter results that beat analysts' expectations amid surging demand for artificial intelligence chips.  ( 20 min )

Taiwan Semiconductor Manufacturing Company gained Thursday after the chipmaker reported second-quarter results that beat analysts' expectations amid surging demand for artificial intelligence chips.  ( 20 min )

News of the day for July 18, 2024  ( 19 min )

The Fund's Price Has Risen for Eight Consecutive Trading Sessions  ( 20 min )

The Semiconductor Fund Fell 7% Wednesday  ( 22 min )

Netflix reported second-quarter revenue and earnings beating analysts' estimates as subscribers surged, though the streaming giant issued softer-than-expected guidance for the third quarter.  ( 1 min )

OpenAI announced GPT-4o mini, a new lower cost small model, that could strengthen the company's leadership position in the artificial intelligence market.  ( 1 min )

Professional services firm Marsh & McLennan Cos, reported second-quarter sales and earnings that missed Wall Street's estimates.  ( 1 min )

Amazon said Thursday that this year's two-day Prime Day event set records for sales, with Adobe Analytics saying consumers spent some $14 billion online broadly during the event.  ( 1 min )

Petco announced the hiring of Joel Anderson as CEO hours after it was announced that he would leave Five Below.  ( 1 min )

Infosys lifted its revenue guidance for fiscal 2025 as IT spending is expected to surge while companies invest in artificial intelligence. The news sent the stock sharply higher.  ( 1 min )

D.R. Horton shares surged in intraday trading Thursday after the company topped third-quarter earnings expectations.  ( 1 min )

The pizza-delivery giant reported second-quarter revenue that missed expectations, and pulled back expansion plans overseas.  ( 1 min )

Netflix is set to report second-quarter earnings after the bell Thursday, with investors likely to be watching for continued subscriber growth.  ( 1 min )

Novartis American depositary receipts (ADRs) slipped Thursday even though the pharmaceutical giant beat second-quarter earnings expectations and raised its full-year core operating income guidance.  ( 1 min )

Cintas beat profit and sales estimates and gave strong fiscal 2025 guidance as it added new customers, sold more to existing customers, and reduced expenses.  ( 1 min )

Shares of M&T Bank rose Thursday after the regional bank's second-quarter results beat analyst expectations.  ( 1 min )

Sales at Abbott Laboratories' diagnostics unit dropped in the second quarter as demand for COVID-19 tests slumped.  ( 1 min )

Ford will expand manufacturing of Super Duty pickups at a plant in Canada that was expected to build electric vehicles.  ( 1 min )

Taiwan Semiconductor Manufacturing Company reported second-quarter results that beat analysts' expectations amid surging demand for artificial intelligence chips.  ( 1 min )

Darden Restaurants will buy Tex-Mex restaurant chain Chuy's for $605 million in cash.  ( 1 min )

Nokia American depositary receipts (ADRs) fell Thursday after the Finnish telecommunications company posted an unexpected second-quarter loss as sales sank nearly 20% year-over-year.  ( 1 min )

Taiwan Semiconductor Manufacturing Company gained Thursday after the chipmaker reported second-quarter results that beat analysts' expectations amid surging demand for artificial intelligence chips.  ( 1 min )

Retail investors have poured into small-cap stocks amid hopes that recent economic data could embolden the Federal Reserve to start cutting interest rates, according to analysts at Vanda Research.  ( 1 min )

The S&P 500 fell 0.8% on Thursday, July 18, 2024, as tech stocks came under pressure for the second straight day and data showed an uptick in jobless claims.  ( 1 min )

Issuers of spot ether ETFs raced to offer low fees and fee waivers, while Grayscale came under fire for high fees ahead of the product's initial trading expected next week.  ( 1 min )

TWFG Insurance began trading on the Nasdaq on Thursday with shares climbing about 30% from their IPO price.  ( 1 min )

Investors are optimistic about the stock market and expect to see more gains in the third quarter, according to a recent survey from Morgan Stanley.  ( 1 min )

As many chip stocks fall on worries about tougher trade restrictions and geopolitical tensions, analysts say fears may be overblown, offering investors an opportunity to "buy the dip."  ( 1 min )

Stock futures on Thursday pointed to a higher open for the Nasdaq Composite and S&P 500 as chip stocks moved higher after big declines the previous session.  ( 1 min )

The selloff in tech stocks that sent the S&P 500 and Nasdaq sinking yesterday continued at midday,. The Dow fell from its all-time high.  ( 1 min )

The SPDR S&P Regional Banking ETF has risen for eight consecutive trading sessions amid optimism about the prospect of lower interest rates. Monitor these important chart levels.  ( 1 min )

De verkoop van warmtepompen is in de eerste helft van dit jaar flink weggezakt. In de eerste zes maanden zijn er 47.000 exemplaren verkocht, wat bijna een halvering is ten opzichte van de 88.000 van een jaar eerder. Dat blijkt uit cijfers van Vereniging Warmtepompen.  ( 1 min )

De Autoriteit Persoonsgegevens (AP) waarschuwt dat er incidenten met kunstmatige intelligentie (AI) kunnen gaan plaatsvinden. Daarom moeten organisaties terughoudend zijn in het gebruik van AI, zeker als ze twijfelen of ze de risico's onder controle hebben.  ( 1 min )

De totale overslag in de Rotterdamse haven wordt waarschijnlijk niet "ernstig geraakt" door de situatie in de Rode Zee. Dat is de verwachting van topman Boudewijn Siemons van het Havenbedrijf Rotterdam. De totale overslag is de eerste zes maanden vrijwel gelijk gebleven.  ( 1 min )

De toonaangevende rente van de Europese Centrale Bank blijft deze maand ongewijzigd. Na de renteverlaging in juni, de eerste in vijf jaar tijd, wacht de centrale bank nu met een volgende stap.  ( 1 min )

De toonaangevende rente van de Europese Centrale Bank blijft deze maand ongewijzigd. Na de renteverlaging in juni, de eerste in vijf jaar tijd, wacht de centrale bank nu met een volgende stap.  ( 1 min )

Terwijl Nederlanders in een overgangsfase zitten naar het nieuwe pensioenstelsel, blijft de oudedagsvoorziening een taai en onbemind onderwerp. Daardoor zijn veel mensen slecht op de hoogte van wat het nieuwe pensioen voor hen betekent, bleek deze week weer. NU.nl beantwoordt acht lezersvragen over het nieuwe pensioen.  ( 1 min )

Prijzen in het openbaar vervoer gaan in 2025 waarschijnlijk met ruim 3 procent omhoog. Dit komt onder andere door hogere kosten voor lonen en energie.  ( 1 min )

Streamingdienst Viaplay, vooral bekend van de Formule 1-uitzendingen, heeft de afgelopen drie maanden opnieuw abonnees verloren. Ondanks een flinke prijsverhoging in mei is de omzet van de videodienst gedaald.  ( 1 min )

De Europese Commissie onderzoekt de samenwerking tussen Samsung en Google op het gebied van kunstmatige intelligentie (AI). De toezichthouder wil weten of die samenwerking nadelig is voor andere AI-bedrijven.  ( 1 min )

Discounter Action heeft in de eerste zes maanden van dit jaar 119 nieuwe winkels geopend. Het concern, bekend van de vele huishoudelijke spullen, verwacht voor de rest van het jaar uit te komen op 330 nieuwe filialen.  ( 1 min )

De werkloosheid in ons land is in juni onveranderd gebleven ten opzichte van een maand eerder. In juni zat 3,6 procent van de beroepsbevolking zonder betaald werk, meldt statistiekbureau CBS.  ( 1 min )

Supermarktconcern Jumbo laat weten dat het aantal winkeldiefstallen in de eerste zes maanden van dit jaar met ruim een derde is gedaald. Het bedrijf uit Veghel heeft afgelopen jaar extra maatregelen genomen, nadat er voor 100 miljoen euro aan producten was gestolen.  ( 1 min )

CEOs of small and midsize companies, feeling the effects of inflation and high interest rates, report feeling less confident than they did earlier in the year.  ( 20 min )

Some economists see the case for the Federal Reserve to begin cutting interest rates at its July meeting, earlier than the September rate cut that investors are expecting.  ( 18 min )

Amazon-backed Anthropic is partnering with Menlo Ventures to launch the Anthology Fund, a $100 million fund focused on artificial intelligence startups that could help advance Anthropic's technology.  ( 17 min )

VF Corporation, the owner of Vans and North Face brands, sold its Supreme streetwear brand to French eyeglass retailer EssilorLuxottica for $1.5 billion  ( 20 min )

Prologis, the world’s largest industrial real estate company, said that despite subdued customer demand, it sees an improvement ahead and boosted its full-year outlook.  ( 17 min )

The S&P 500 dropped 1.4% on Wednesday, July 17, as concerns about possible export restrictions on semiconductor equipment weighed on the tech sector.  ( 18 min )

The deal between Starbucks and Mercedes-Benz will start with locations along the Interstate 5 corridor in the Western U.S.  ( 20 min )

Historic gains as investors veer from high-profile tech shares  ( 21 min )

Housing starts and building permits were up in June, but not in the way economists had hoped.  ( 21 min )

Online shopping across U.S. retailers hit $7.2 billion Tuesday as Amazon's Prime Day started, making it the biggest online shopping day of 2024 so far, according to Adobe Analytics.  ( 21 min )

Refinancing surged last week as many homeowners took advantage of a drop in mortgage rates to pay less interest on their existing home loans.  ( 21 min )

Bitcoin briefly peered above $65,000 early Wednesday in the U.S.; digital asset manager Bitwise released a bullish investment note on ether once spot ether ETFs launch.  ( 22 min )

The S&P 500’s consumer staples sector was recently up more than 1%, making it the benchmark index’s best performer on a day when the broader index was in retreat.  ( 20 min )

Intel and GlobalFoundries shares gained Wednesday while Nvidia, ASML, and other chip stocks dropped amid worries about tightening trade restrictions and rising geopolitical tensions affecting the chip industry.  ( 21 min )

Second-quarter revenue and profits fell year-over-year as net interest income decreased at First Horizon.  ( 21 min )

The U.S. Jobs Market May Hold the Answer  ( 23 min )

U.S. equities were mixed at midday as concerns about possible government actions that could negatively impact the chip sector sent the S&P 500 and Nasdaq tumbling.  ( 20 min )

U.S. Bancorp shares surged in intraday trading Wednesday after the bank holding company’s second-quarter results beat analysts' expectations on the top and bottom lines.  ( 17 min )

Shares of 1-800-Flowers.com sank in intraday trading Wednesday after D.A. Davidson downgraded the stock to "underperform" and lowered its price target.  ( 17 min )

Nvidia, ASML, and other chip stocks tumbled Wednesday following reports of potential government moves that could negatively impact the sector.  ( 21 min )

Spirit Airlines warned that its second-quarter loss would be more than expected, and revenue would fall short of its previous outlook.  ( 20 min )

Elevance Health topped analysts' expectations with its second-quarter results, but shares of the health insurance provider fell in intraday trading Wednesday amid "attrition in Medicaid membership."  ( 19 min )

A new non-injectable weight-loss drug from Swiss pharmaceutical firm Roche has shown encouraging early stage data, sending shares of rival GLP-1 developers Eli Lilly and Novo Nordisk lower Wednesday.  ( 20 min )

Reports name DataDog as a possible buyer  ( 20 min )

Johnson & Johnson reported second-quarter earnings Wednesday, with one-time costs like legal fees causing profits to miss analyst estimates despite better-than-expected sales.  ( 20 min )

Five Below shares tumbled Wednesday after the company announced the unexpected departure of its CEO, and lowered sales guidance for the second quarter.  ( 20 min )

News of the day for July 17, 2024  ( 23 min )

Shares Gained More Than 6% on Tuesday to Lead Dow Gainers  ( 20 min )

Gold prices climbed to a new record high on Tuesday as investors move into the precious metal amid rising expectations that the Federal Reserve will lower its benchmark interest rate in September. Monitor these important chart levels.  ( 21 min )

The company is not shaping up to be a stock market winner this week.  ( 61 min )

No content preview

Berkshire Hathaway is loading up on this energy stock.  ( 62 min )

Dividends are a great part of any portfolio. Here are three keepers for any dividend investor.  ( 61 min )

No content preview

No content preview

Chip stocks got hammered on Wednesdays. Reasons why include a media report that the US is considering tighter export restrictions, and a broader rotation out of Big Tech.  ( 62 min )

Semiconductor investors shouldn’t ‘freak out,’ one analyst says, as pullback helps reduce lofty expectations ahead of earnings.  ( 62 min )

Techs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.  ( 71 min )

U.S. pipeline and terminal operator Kinder Morgan on Wednesday missed Wall Street estimates for second-quarter profit, weighed down by higher costs and weakness in its CO2 segment. Adjusted core profit from the transportation of CO2 fell about 6.3% to $164 million, from $175 million in the year-ago quarter. The segment earnings were impacted by lower crude and natural gas liquids volumes and CO2 sales, the company said.  ( 60 min )

No content preview

No content preview

No content preview

A landmark agreement has allayed investors' fears about QuantumScape's prospects.  ( 26 min )

It’s deep red on Wall Street on Wednesday, with tech stocks sharply falling amid a semiconductor broad-based selloff following news that the Biden administration is hastening export restrictions to China. Bloomberg reported on Wednesday that the U.S. administration has advised its allies to impose the strictest trade restrictions possible if companies such as Tokyo Electron Ltd. (OTCPK: TOELY) and ASML Holding NV (NASDAQ:ASML) persist in supplying advanced chips to China. Shares of the Dutch chi  ( 62 min )

Cassava Sciences Inc (NASDAQ:SAVA) stock is trading lower on Wednesday on a heavy session volume of 14.35 million, as per data from Benzinga Pro. The Board of Directors appointed Richard (Rick) Barry as Executive Chairman and the company’s principal executive officer, effective immediately. The company is searching for a new permanent CEO. Mr. Barry succeeds Remi Barbier, the Company’s Chairman, President, and CEO, who resigned and will remain employed by the Company until September 13, 2024, in  ( 61 min )

No content preview

Roche has a new GLP-1 weight loss drug in the works -- and one very cheap stock.  ( 61 min )

More than $338bn (£260bn) has been wiped off the value of the world’s richest companies amid fears that Joe Biden will launch a trade war against China.  ( 97 min )

No content preview

No, you’re not the only one who’s not rich or happy. It’s a repeating message: the lavish displays of wealth on social media are often not what they seem. Financial expert Dave Ramsey has a powerful message for those captivated by the opulent lifestyles they see online: "The expensive cars, luxurious vacations, and other extravagant displays are rarely true indicators of wealth." Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average.  ( 62 min )

Chip stocks are getting hammered. Reasons why include a media report that the US is considering tighter export restrictions and a broader rotation out of Big Tech.  ( 62 min )

No content preview

Financial expert Suze Orman voiced her opinions on CNBC’s "Millennial Money," offering advice and reactions to a young professional’s financial choices, particularly about car ownership and investment strategies. Orman, known for her straightforward approach, dissected the financial decisions of Wendy, a millennial from Pasadena, California, who earns $80,000 a year and owns a BMW. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Warren Buffe  ( 62 min )

No content preview

No content preview

Chipotle's stock underwent a 50-for-1 split, but most analysts took a different path to recalibrating price targets.  ( 62 min )

401(k) plans are among the most popular ways Americans save for retirement. They’re so widely used because they offer great benefits like tax advantages, employer match programs, and the ability to automatically deduct savings directly from your paycheck, making it easier to save consistently. For many, these plans are crucial to achieving a secure retirement. Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. Can you guess how m  ( 62 min )

Techs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.  ( 71 min )

Techs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.  ( 66 min )

(Bloomberg) -- The S&P 500 Index has nowhere to go from here but down according to Goldman Sachs Group Inc. tactical strategist Scott Rubner who cautions “I am not buying the dip.”Most Read from BloombergUS Floats Stricter Trade Rules to Rein In China’s Chip IndustryBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessHSBC Names Elhedery CEO, Picking Insider for Top J  ( 61 min )

The newly prominent 'Project 2025' from allies of Donald Trump proposes a tax blueprint that would reshape how — and how much — you and America’s biggest companies pay to Washington each year.  ( 66 min )

No content preview

Eli Lilly And Co (NYSE:LLY), Novo Nordisk A/S (NYSE:NVO), Viking Therapeutics Inc (NASDAQ:VKTX), and Structure Therapeutics Inc (NASDAQ:GPCR) stocks are trading lower on Wednesday. What happened? Earlier on Wednesday, Roche Holdings AG (OTC:RHHBY) announced topline results from two arms of an ongoing multi-part Phase 1 clinical trial for CT-996 for type 2 diabetes and obesity. The data showed that treatment with CT-996 in participants with obesity and without type 2 diabetes resulted in a clinic  ( 61 min )

The e-commerce space is packed with competition, but one company seems completely overlooked compared to the rest of the pack.  ( 62 min )

When Social Security represents at least 30% of the income of people ages 65 and above, this program’s annual Cost-of-Living Adjustment (COLA) can greatly impact retirees. With inflation rates lowering over the past couple of months, 2025's COLA is currently estimated to be about 2.7%, according to Mary Johnson, an independent Social Security and Medicare policy analyst. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many  ( 62 min )

Costco has a reputation for rock-bottom gas prices. The real data is slightly less enthusiastic. See our results for the actual numbers.  ( 62 min )

Five Below, Qualcomm downgraded: Wall Street's top analyst calls  ( 62 min )

No content preview

Chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading lower Wednesday as the U.S. intensified semiconductor sanctions against China, followed by Presidential candidate Donald Trump’s attack against crucial contract chipmaker Taiwan Semiconductor Manufacturing Company (NYSE:TSM). The Biden administration is contemplating using the Foreign Direct Product Rule (FDPR), which allows it to impose controls on foreign-made products that incorporate even mi  ( 61 min )

The Biden administration has taken measures to prevent firms in China from using U.S. technology for artificial intelligence, including advanced semiconductors, as the burgeoning sector raises security concerns. Microsoft, Alphabet, Nvidia and the Department of Commerce did not immediately respond to Reuters requests for comment. The Biden administration has proposed requiring cloud companies to determine whether foreign entities are accessing data centers in the United States to train AI models, U.S. Commerce Secretary Gina Raimondo told Reuters in January.  ( 60 min )

No content preview

No content preview

No content preview

No content preview

Last year brought us a solid bull market, and so far this year stocks are continuing the winning streak. A look at the NASDAQ shows a 12-month gain of 30%, and the S&P 500 index is up 25% over the same period. It’s an environment that has investors looking for solid choices with more room left to run. The usual move is buying low and selling high – but that’s not the only route to find a winning investment. There are plenty of sound investments to be found in shares that have already given us th  ( 63 min )

The star investor seems to have correctly made a giant call.  ( 62 min )

No content preview

Ray Dalio's hedge fund is snapping up this popular stock.  ( 62 min )

You can buy these solid stocks at some attractive discounts right now.  ( 62 min )

The U.S. has told allies it is considering using the most severe trade curbs available if companies continue giving Beijing access to advanced semiconductor technology, Bloomberg News reported on Tuesday. Restrictions already in place have dented U.S. chipmakers' sales to China. Nvidia's revenue from China stood at about 18% of its total revenue in the quarter ended April 28, compared to 66% in the year-ago period.  ( 60 min )

No content preview

Megacap technology companies are delivering impressive results, and the market is rewarding them for it.  ( 64 min )

No content preview

Lenders in the U.S. have been offering higher interest rates to retain deposits in recent months as customers increasingly seek better returns by placing their money in higher-yielding alternatives such as money-market funds. Meanwhile, borrowers have also put off taking loans until the interest rates normalize, further pressuring consumer-facing banks. U.S. Bancorp's net interest income (NII), the difference between what banks pay customers on deposits and earn as interest on loans, fell about 9% to $4.05 billion in the quarter versus a year earlier.  ( 60 min )

News of the day for July 17, 2024  ( 62 min )

GitLab has around 30 million enterprise software users.  ( 60 min )

These three dividend vehicles could provide reliable passive income.  ( 62 min )

Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Texas Pacific Land Corporation (TPL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

No content preview

No content preview

No content preview

No content preview

Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands of dollars to over a hundred thousand dollars. Your exact tax liability could vary drastically, so knowing what […] The post I’m Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes? appeared first on SmartReads by SmartAsset.  ( 64 min )

Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 65 min )

Find the latest Amgen Inc. (AMGN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

You might be late to the party.  ( 61 min )

I’m 60 and plan to retire at 64 or 65, but I’m going through a divorce (my ex-wife will keep the house). Right now, my pension at work (I won’t receive Social Security) would provide me around 73% of my current gross income. If I wait a few more years, it will be a bit […] The post Ask an Advisor: I'm Getting Divorced 5 Years Before Retirement. What Should I Do? appeared first on SmartReads by SmartAsset.  ( 64 min )

These companies may not have the highest yields, but they more than make up for it with quality.  ( 64 min )

Techs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.  ( 62 min )

Techs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.  ( 63 min )

Techs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.  ( 63 min )

Johnson & Johnson beat estimates for second-quarter profit and revenue on Wednesday, driven by strong sales of its drugs, including cancer treatment Darzalex and blockbuster psoriasis drug Stelara. Revenue of $22.4 billion surpassed the consensus estimate of $22.3 billion, according to LSEG data. Adjusted earnings of $2.82 per share beat analysts' expectations of $2.70 per share.  ( 61 min )

Shares of semiconductor companies also fell, with AI-chip favorite Nvidia sliding 3.1% and ASML dropping 6.3% after a report that the Biden Administration was weighing severe trade restrictions in a crackdown on Chinese chips. Elsewhere, U.S.-listed shares of Taiwan Semiconductor Manufacturing were down 3.5% after Republican presidential candidate Donald Trump said Taiwan should pay the U.S. for its defense. The index has rallied over the past five sessions as investors have shifted focus away from the banner growth in technology companies to underperforming areas of the market, on the back of growing bets that the Federal Reserve is nearing the start of monetary policy easing.  ( 61 min )

Enterprise Products Partners continues to distribute more cash to its investors.  ( 62 min )

It's one of the Oracle of Omaha's all-time favorite stocks.  ( 62 min )

No content preview

Nvidia stock was one of the best performers of the first half, climbing almost 150%.  ( 62 min )

Alibaba Group Holding Limited (NYSE:BABA) and its peers, including Baidu, Inc (NASDAQ:BIDU), PDD Holdings Inc (NASDAQ:PDD), Bilibili Inc (NASDAQ:BILI) harboring artificial intelligence ambitions could face a rough ride as the U.S. government intensifies its semiconductor sanctions against China. The Biden administration, facing resistance to its semiconductor restrictions on China, has informed allies that it is considering the strictest trade measures available if crucial providers of chipmakin  ( 60 min )

No content preview

These two dividend growth stocks offer you at least double what you get from the S&P 500, all backed by very boring businesses.  ( 62 min )

The U.S. Federal Reserve should exercise patience with its next interest rate move to account for the chance of inflation rising again in a turbulent world, JP Morgan Chase CEO Jamie Dimon said in a media interview published on Wednesday. "I think there are a lot of reasons why inflation could rise again in the future: increasing government spending, the re-militarization of the world, the extraordinary investments in the green economy, the restructuring of trade," he added.  ( 60 min )

Small-cap stocks might be a great place to invest for the rest of 2024 if interest rates fall as expected.  ( 63 min )

Broadcom stock has soared in the triple digits over the past three years.  ( 62 min )

ASML Holding stock was dropping on Wednesday despite an upbeat order outlook. The semiconductor-manufacturing equipment company looks to be suffering from concerns about more curbs on exports to China. Read more [here](https://www.barrons.com/articles/why-asml-stock-chips-price-drop-73193d1  ( 17 min )

Forecasts from Wall Street analysts imply colossal gains for shareholders of UiPath and Tesla.  ( 63 min )

Three of Wall Street's most-popular stock-split stocks have some big questions to answer.  ( 64 min )

No content preview

This tech titan could join the most exclusive club on Wall Street by the end of 2025.  ( 63 min )

No content preview

Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures fell and oil prices advanced. Reports said the Finance Ministry might have intervened in the currency market last week, buying nearly 6 trillion yen ($37 billion) to support the yen.  ( 62 min )

No content preview

(Bloomberg) -- ASML Holding NV fell as the prospect of more severe US restrictions on its business in China offset growth in the Dutch firm’s order intake last quarter. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickAmbani's $600 Million Wedding Is Just Bu  ( 27 min )

GitLab, a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet, is exploring a sale after attracting acquisition interest, according to people familiar with the matter. GitLab, which has a market value of about $8 billion, is working with investment bankers on a sale process that has attracted interest from peers, including cloud monitoring firm Datadog, the sources said. GitLab and Datadog did not immediately respond to requests for comment.  ( 61 min )

(Bloomberg) -- Asian equities rose, joining a global rally as bets the Federal Reserve will soon start cutting interest rates fueled a rush into riskier corners of the market.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickTrump Shooting Changes Biden’s Pla  ( 62 min )

No content preview

ASML, the largest equipment supplier to chipmakers, on Wednesday reported better-than-expected second-quarter net income of 1.6 billion euros ($1.7 billion) on revenues of 6.2 billion euros, while new bookings rose. Analysts had seen net income at 1.41 billion euros on revenue of 6.04 billion euros, according to LSEG data. The second-quarter numbers compare with net income of 1.94 billion euros and sales of 6.90 billion euros a year earlier.  ( 59 min )

No content preview

Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island's defence. The S&P 500 scaled record highs overnight and futures were steady in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was flat and Japan's Nikkei rose 0.1%.  ( 61 min )

No content preview

No content preview

No content preview

No content preview

(Bloomberg) -- Tesla Inc.’s move into the more profitable autonomous taxi platform business will be a catalyst for a roughly 10-fold increase in its share price, according to Ark Investment Management LLC’s Cathie Wood.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance  ( 63 min )

Amazon-backed Anthropic is partnering with Menlo Ventures to launch the Anthology Fund, a $100 million fund focused on artificial intelligence startups that could help advance Anthropic's technology.  ( 1 min )

VF Corporation, the owner of Vans and North Face brands, sold its Supreme streetwear brand to French eyeglass retailer EssilorLuxottica for $1.5 billion  ( 1 min )

The deal between Starbucks and Mercedes-Benz will start with locations along the Interstate 5 corridor in the Western U.S.  ( 1 min )

Online shopping across U.S. retailers hit $7.2 billion Tuesday as Amazon's Prime Day started, making it the biggest online shopping day of 2024 so far, according to Adobe Analytics.  ( 1 min )

Second-quarter revenue and profits fell year-over-year as net interest income decreased at First Horizon.  ( 1 min )

U.S. Bancorp shares surged in intraday trading Wednesday after the bank holding company’s second-quarter results beat analysts' expectations on the top and bottom lines.  ( 1 min )

GitLab, a developer platform company backed by Alphabet, is reportedly considering sales options, sending the stock higher Wednesday.  ( 1 min )

Elevance Health topped analysts' expectations with its second-quarter results, but shares of the health insurance provider fell in intraday trading Wednesday amid "attrition in Medicaid membership."  ( 1 min )

Johnson & Johnson reported second-quarter earnings Wednesday, with one-time costs like legal fees causing profits to miss analyst estimates despite better-than-expected sales.  ( 1 min )

De vijf grootste pensioenfondsen stonden er aan het einde van het tweede kwartaal weer iets beter voor. Hun buffers zijn ruimer richting de overstap naar het nieuwe pensioenstelsel. En dat terwijl rendementen op de beurs juist wat tegenvielen.  ( 1 min )

De Wereldhandelsorganisatie (WTO) heeft in een rapport kritiek geuit op China's subsidies voor de eigen industriesector. Volgens de organisatie uit Genève is de regering in Peking niet transparant genoeg over haar steun aan de industrie.  ( 1 min )

De aandelenkoers van chipmachinefabrikant ASML zakte woensdag met 10,93 procent in waarde. Dat komt vooral doordat beleggers vrezen dat er strengere beperkingen komen voor de export van chipmachines naar China. Daar behaalt ASML nu een groot deel van z'n omzet.  ( 1 min )

Na de verkiezingswinst van Labour in het Verenigd Koninkrijk (VK) heeft de nieuwe Britse handelsminister laten weten dat hij de Brexit-deal wat wil versoepelen. Hij wil inzetten op minder grenscontroles bij het transport van voedingsmiddelen, planten en dieren.  ( 1 min )

Zorgverzekeraars CZ, VGZ, Menzis en Zilveren Kruis doen onderzoek naar mogelijke fraude bij de inmiddels failliete commerciële huisartsenketen Co-Med. Dat bevestigt CZ, dat als grootste verzekeraar de afhandeling van de keten coördineert, aan persbureau ANP na berichtgeving van EenVandaag.  ( 1 min )

Het ziekteverzuim is in het tweede kwartaal licht gedaald vergeleken met de eerste drie maanden van dit jaar. Ten opzichte van dezelfde periode vorig jaar is er sprake van een stijging. Toch heeft de Oranjekoorts daar geen invloed op gehad.  ( 1 min )

Mensen die in een databank van coronatesten bij de GGD stonden hoeven niet meer op een schadevergoeding te rekenen. In 2021 werden na een grote dataroof bij de GGD gegevens van mensen gelekt die zich op het coronavirus hadden laten testen.  ( 1 min )

Een lachende smiley, een hartje of een knipoog: we gebruiken emoji's om een boodschap over te brengen. Maar kan dat ook in zakelijke berichten? Omdat het vandaag Wereldemojidag is, kun je vandaag stemmen en discussiëren over de stelling: 'Het gebruik van emoji's in zakelijke mails moet kunnen.'  ( 1 min )

Een van de hoofdrolspelers in het fraudeschandaal rond vastgoedbedrijf Palm Invest zit opnieuw vast. Het gaat om een 53-jarige man die eerder een gevangenisstraf uitzat en nog een schadevergoeding van 250.000 euro moet betalen.  ( 1 min )

Een van de hoofdrolspelers in het fraudeschandaal rond vastgoedbedrijf Palm Invest zit opnieuw vast. Het gaat om een 53-jarige man die eerder een gevangenisstraf uitzat en nog een schadevergoeding van 250.000 euro moet betalen.  ( 1 min )

De subsidiepot voor de aanschaf of lease van een gebruikte elektrische auto is zo goed als opgebruikt. Woensdagochtend zat er nog 118.173 euro in het potje, dat is goed voor 59 auto's. Gemiddeld wordt per dag subsidie voor 95 gebruikte elektrische auto's aangevraagd.  ( 1 min )

Japan staat op het punt een steunpakket met een omvang van 3,3 miljard dollar voor Oekraïne goed te keuren. Het Aziatische land gebruikt hiervoor rente op Russische bezittingen, melden diplomatieke bronnen aan het Japanse persbureau Kyodo.  ( 1 min )

Nutricia brengt Olvarit met bruine bonen, appel, rijst en rundvlees terug op de markt. Het voedingsmiddelenbedrijf, tegenwoordig onderdeel van Danone, doet dit nadat het door een wanhopige moeder op de hoogte was gebracht van een bijzondere eigenschap van dit specifieke potje voeding.  ( 1 min )

Chipmachinemaker ASML heeft een lastig half jaar achter de rug. De verkoop liep terug en ook de winst daalde. Wel is het bedrijf hoopvol over de tweede helft van dit jaar, onder meer door een stijging van het aantal orders.  ( 1 min )

De prijs van goud heeft een nieuw recordniveau aangetikt. Dat komt dit keer door de verwachting dat de Amerikaanse centrale bank de rente verlaagt. En als de rente daalt, stijgt doorgaans de prijs van goud.  ( 1 min )

Over de eerste zes maanden van dit jaar is de bierverkoop in ons land met iets meer dan 5 procent gedaald. Vooral de supermarkten verkochten veel minder bier, maar ook in de horeca ging de bierverkoop in de min vergeleken met met vorig jaar.  ( 1 min )

Prologis, the world’s largest industrial real estate company, said that despite subdued customer demand, it sees an improvement ahead and boosted its full-year outlook.  ( 1 min )

The S&P 500 dropped 1.4% on Wednesday, July 17, as concerns about possible export restrictions on semiconductor equipment weighed on the tech sector.  ( 1 min )

Investors have responded to rate-cut hopes by pouring money—at historic rates—into small-cap stocks.  ( 1 min )

The S&P 500’s consumer staples sector was recently up more than 1%, making it the benchmark index’s best performer on a day when the broader index was in retreat.  ( 1 min )

Intel and GlobalFoundries shares gained Wednesday while Nvidia, ASML, and other chip stocks dropped amid worries about tightening trade restrictions and rising geopolitical tensions affecting the chip industry.  ( 1 min )

U.S. equities were mixed at midday as concerns about possible government actions that could negatively impact the chip sector sent the S&P 500 and Nasdaq tumbling.  ( 1 min )

Shares of 1-800-Flowers.com sank in intraday trading Wednesday after D.A. Davidson downgraded the stock to "underperform" and lowered its price target.  ( 1 min )

Nvidia, ASML, and other chip stocks tumbled Wednesday following reports of potential government moves that could negatively impact the sector.  ( 1 min )

A new non-injectable weight-loss drug from Swiss pharmaceutical firm Roche has shown encouraging early stage data, sending shares of rival GLP-1 developers Eli Lilly and Novo Nordisk lower Wednesday.  ( 1 min )

Major stock indexed were poised to open sharply lower Wednesday, after surging to record highs the previous session, as shares of chipmakers and large-cap tech companies tumbled.  ( 1 min )

The iShares Semiconductor ETF slumped 7% on Wednesday amid growing concerns that chipmakers will face heightened U.S. trade restrictions and geopolitical tensions, irrespective of which candidate wins the November presidential election. Monitor these key chart levels.  ( 1 min )

Spirit Airlines warned that its second-quarter loss would be more than expected, and revenue would fall short of its previous outlook.  ( 1 min )

PBMs are third-party administrators and negotiators that are essential facilitators in transactions between all moving parts of the health care industry.  ( 1 min )

Five Below shares tumbled Wednesday after the company announced the unexpected departure of its CEO, and lowered sales guidance for the second quarter.  ( 1 min )

Gold prices climbed to a new record high on Tuesday as investors move into the precious metal amid rising expectations that the Federal Reserve will lower its benchmark interest rate in September. Monitor these important chart levels.  ( 1 min )

No content preview

No content preview

Medical Properties Trust's yield looks appealing, but it wouldn't have made up for the stock's 70% decline over the last three years.  ( 62 min )

The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.  ( 60 min )

No content preview

Investors assessed another batch of big bank earnings and looked to fresh retail data amid growing conviction an interest rate cut is near.  ( 76 min )

No content preview

CNBC Make It interviewed a couple who left life in the United States behind to retire early and travel abroad. Dianne and Guillermo, 47 and 44, achieved FIRE (Financial Independence, Retire Early) and decided to quit the 9-to-5 to live their dreams. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? "We had saved up $2.2 mi  ( 62 min )

No content preview

In the next 10 years, Nvidia’s value could be worth more than the entire S&P 500 today, tech investor James Anderson predicted.  ( 61 min )

Arbor Realty Trust (NYSE:ABR) consistently attracts investors looking for high-yield companies. With a forward dividend yield of 11.1% and a decade-plus track record of dividend raises, things look promising, but there may be more than meets the ...  ( 62 min )

Schwab says it wants to get smaller. Its stock price is already doing just that.  ( 61 min )

No content preview

Let’s face it, the American dream has gotten a price upgrade. According to recent data from the Federal Reserve, a net worth of at least $3,795,000 places you among the coveted top 5% of U.S. households. While this may seem like a substantial sum, it pales compared to the ultra-affluent’s stratospheric wealth. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg?  ( 62 min )

Learn how to optimize your retirement portfolio with these top ETF choices designed for steady returns and peace of mind.  ( 63 min )

Charles Schwab shares tumbled in intraday trading Tuesday after CEO Walt Bettinger said in an earnings call that the financial services company plans to downsize in order to maintain profitability.  ( 60 min )

No content preview

Broadcom's CEO just made a move that may look scary to some investors.  ( 61 min )

The largest cruise line is trading essentially where it was at the start of this year. It shouldn't be that way.  ( 62 min )

Grant Cardone, the self-made millionaire and real estate mogul, is stirring up controversy with his unconventional stance on retirement savings. Contrary to traditional financial advice, Cardone adamantly opposes investing in 401(k)s and IRAs, calling them ineffective for building wealth. Don't Miss: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How  ( 27 min )

(Bloomberg) -- The most speculative corner of the stock market is soaring at a pace not seen since the pandemic as traders race to move up their rate cut bets in a risk-on signal for the investment community. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickXi Ji  ( 62 min )

Investors are looking at net new asset flows and the pace at which Schwab is paying down debt.  ( 24 min )

(Bloomberg) -- Charles Schwab Corp. reported that fewer clients opened new brokerage accounts with the investing giant than analysts expected, sending shares of the company down in early trading. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessTrump Classified Documents Case Dismissed by Florida JudgeXi Jinping’s Great Economic Rewiring Is Cush  ( 60 min )

The electricity grid operators of the three Baltic countries on Tuesday officially notified Russia and Belarus that they will exit a 2001 agreement that has kept Estonia, Latvia and Lithuania connected to an electricity transmission system controlled by Moscow. The Baltic countries already have stopped buying electricity from Russia.  ( 61 min )

No content preview

The USD continues to look as if it is going to pressure the yen overall, as the market has bounced after a hotter than expected Retail Sales number in America.  ( 60 min )

The energy sector is full of options for investors seeking to generate passive income.  ( 64 min )

If AI is going to stick around for the long term, investors might want to add these stocks to their portfolio.  ( 63 min )

Investors assessed another batch of big bank earnings and looked to fresh retail data amid growing conviction an interest-rate cut is near.  ( 65 min )

Rising wages and a strong labor market encouraged customers to revive their spending on auto insurance, one of Progressive's core businesses. The company has also benefited from large pricing increases in personal auto insurance premiums. Mayfield Village, Ohio-based Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles and homes.  ( 19 min )

This well-known, often-hot technology stock isn't the long-term winner most investors probably think it is.  ( 61 min )

No content preview

Tesla Inc (NASDAQ:TSLA) is looking to hire nearly 800 new employees, just three months after CEO Elon Musk ordered the most significant round of layoffs in the company’s history. The stock is trading higher premarket Tuesday. The job openings have steadily appeared on Tesla’s careers page, with positions ranging from artificial intelligence specialists to service jobs, Bloomberg reports. Many new positions are related to Tesla’s AI and robotics initiatives, including developing the Optimus human  ( 60 min )

Super Micro Computer Inc (NASDAQ:SMCI) CEO Charles Liang discussed the company’s initiatives to lessen the environmental impact of data centers in an interview with CNBC’s Jim Cramer on Monday. The artificial intelligence server company’s clientele includes Nvidia Corp (NASDAQ:NVDA) and Elon Musk’s AI startup. Liang highlighted the benefits of Super Micro’s “liquid cooling” and “green computer” technologies, which aim to reduce carbon footprints and cut customer costs, CNBC reports. Meanwhile, N  ( 60 min )

No content preview

June's retail sales report comes as investors have been aggressively pricing in a Federal Reserve interest rate cut in September as economic growth cools and inflation declines.  ( 61 min )

Bank of America said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses, including its large consumer banking franchise. On a per share basis, BofA earned 83 cents, beating analysts' estimates. While Bank of America did see higher loan growth and more return on its assets in the quarter, much of the bank's interest income was eaten up by higher interest expenses.  ( 60 min )

No content preview

Second-quarter profits at Bank of America fell 7% from a year ago as its consumer operations wrestled with higher interest rates, but it was able to churn out more investment banking fees and trading revenue.  ( 62 min )

The popular growth investor keeps adding to some of her favorite falling stocks.  ( 62 min )

Shares of the chip giant have gained some momentum of late, but can they keep heading higher?  ( 62 min )

No content preview

No content preview

No content preview

No content preview

Investors assessed another batch of big bank earnings and looked to fresh retail data amid growing conviction an interest-rate cut is near.  ( 55 min )

No content preview

No content preview

Bank of America Corp (NYSE:BAC) reported a second-quarter fiscal 2024 net income of $6.9 billion and EPS of $0.83, beating the analyst consensus estimate of $0.80. Revenue, net of interest expense, increased 0.8% year-over-year to $25.54 billion, beating the analyst consensus estimate of $25.22 billion. Segment Net income: Consumer Banking $2.595 billion vs. $2.853 billion Y/Y, Global Wealth and Investment Management $1.03 billion vs. $978 million Y/Y, Global Banking $2.12 billion vs. $2.65 bill  ( 61 min )

No content preview

Morgan Stanley (MS)'s profit rose in the second quarter as investment banking activity rebounded. Its net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30, the bank said on Tuesday. That compares with $2.2 billion, or $1.24 per share, a year earlier.  ( 60 min )

Tracing the reasons to be optimistic about the Georgia representative's recent purchases.  ( 62 min )

No content preview

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 64 min )

Do you ever wonder what it's like to work at Costco? Costco employees get generous benefits and bonuses -- even part-timers. See what Costco life is like.  ( 62 min )

While many retirement accounts offer tax-sheltered ways to save and invest, the IRS mandates accountholders start withdrawing money at a certain point. This takes the form of required minimum distributions (RMDs). Required minimum distributions currently start at age 73 for many retirement accounts. It’s not uncommon to reach an age when the IRS requires you […] The post I Have to Take RMDs, But Don’t Need the Money Yet. What Can I Do With It? appeared first on SmartReads by SmartAsset.  ( 63 min )

No content preview

No content preview

Banks are shelling out more on deposits as interest rates are at their highest since 2007, which have boosted returns on bonds, making alternatives such as money market funds more attractive. BofA's net interest income (NII) - the difference between what the bank earns on loans and pays out on deposits - fell 3% to $13.7 billion.  ( 60 min )

No content preview

No content preview

No content preview

Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Called Hammerhead, the project is expected to commence production before the end of the decade.  ( 60 min )

These industrial and materials stocks benefit from economic growth.  ( 64 min )

No content preview

No content preview

UnitedHealth Group topped second-quarter expectations but stayed cautious on its outlook for the year as it continued to eat costs from a massive cyberattack to its Change Healthcare business. The health care giant said Tuesday it still expects adjusted earnings to fall between $27.50 and $28 in 2024, an outlook it first predicted last fall. Analysts expect earnings of $27.70 per share, according to FactSet.  ( 60 min )

These companies have lucrative positions in tech that could see their stocks soar higher than any cryptocurrencies.  ( 62 min )

The U.S. stock market has been on a roll this year, despite no change in interest rates, but some suggest the momentum is being fueled by Trump and his chances to retake the White House in November.  ( 62 min )

BlackRock CEO Larry Fink sang the praises of bitcoin this week and, in so doing, reminded investors that modern portfolios are always evolving with the times. And bitcoin is here to stay.  ( 62 min )

Is it smart to pay off my mortgage with money from my 401(k) and save $800 more per month? The mortgage balance is $60,000. – Robert Many people consider paying off their mortgage to be a "must do" before retiring. While there are benefits to this approach, there are also tradeoffs, so it's good that […] The post Ask an Advisor: Is It Smart to Pay Off My Mortgage With My 401(k) to Free Up $800 Each Month? appeared first on SmartReads by SmartAsset.  ( 63 min )

Cyberspace has never been more dangerous, and that's a tailwind for these two cybersecurity stocks.  ( 63 min )

Warren Buffett's conglomerate is still an evergreen investment.  ( 62 min )

Wall Street sees buying opportunities in these growth stocks that have lagged the market in 2024.  ( 62 min )

Nvidia's three most-prominent billionaire sellers opted to put their respective fund's capital to work in a trio of brand-name companies trading at a discount.  ( 64 min )

These industry leaders present investors with compelling long-term growth opportunities.  ( 62 min )

Long-term investors should keep in mind that Bitcoin has a proven track record of bouncing back from steep market declines.  ( 62 min )

A tobacco company and a pharmacy chain both offer enormous dividend yields, but that doesn't necessarily mean they're right for your portfolio.  ( 62 min )

These companies are well positioned to reward shareholders.  ( 62 min )

Union Pacific as a solid passive income play to consider now.  ( 63 min )

CRISPR Therapeutics could start reporting product revenue soon.  ( 27 min )

Nvidia has been a stunning investment, but Wall Street sees Super Micro Computer as a better AI stock to buy right now.  ( 62 min )

Investors are betting that small modular reactors will benefit from the artificial intelligence boom.  ( 62 min )

Three high-octane monthly dividend stocks -- sporting an average yield of 9.92% -- have the sustained catalysts needed to make their patient investors notably richer.  ( 64 min )

Investors have been rotating to stocks outside of Big Tech in what could be the start of a new leg of the bull market.  ( 28 min )

People like to see what history might be telling them.  ( 62 min )

Analysts at Northland Capital Markets slashed their Intel (NASDAQ:INTC) estimates due to recent export restriction targeting Huawei, server CPU share loss to its peer AMD (NASDAQ:AMD), and expectations that PC demand slow down in the second half of 2024 (2H:24)  ( 60 min )

Investors remained bullish in July, supported by the belief U.S. interest rates will soon fall, preventing a hard landing for the economy, and now see geopolitics as the biggest risk to that scenario, Bank of America's global fund manager survey showed on Tuesday. The bank said this reflected the view that interest rates are about to start dropping, as investors see monetary policy at its most restrictive since November 2008, and that this easing will generate a 'soft landing' for the economy.  ( 60 min )

Mizuho analysts cut their rating on Palantir (NYSE:PLTR) stock from Neutral to Underperform, saying the big data analytics software maker’s rich valuation is becoming “hard to justify.”  ( 60 min )

(Bloomberg) -- Segantii Capital Management Ltd. has returned more than 90% of its client capital, according to people familiar with the matter, less than two months after the hedge-fund firm told investors that it would give them back their money. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Taps Vance as Running Mate, Picking Populist ProtegeAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop  ( 61 min )

(Bloomberg) -- Asian shares dropped, shrugging off gains on Wall Street, as bets on a second Donald Trump term following his running mate announcement trigger further trade and geopolitical concerns.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Taps Vance as Running Mate, Picking Populist ProtegeAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessTrump Classified Documents Case Dismissed  ( 63 min )

Huge debt piles among the world's biggest economies are starting to unnerve financial markets again, as elections cloud the fiscal outlook. French bonds took a beating after a surprise election and hefty spending plans caused alarm. U.S. debt dynamics are in focus ahead of a November presidential election.  ( 62 min )

ASML, the top equipment supplier to computer chip makers, is expected to report an influx of new orders when its new boss delivers second-quarter results on Wednesday, as customers expand capacity to meet booming demand for AI chips. Another focus will be whether Chinese firms have continued heavy purchasing of equipment used to make older generations of chips such as those used in electric cars, a concern for Western policymakers who have curbed buying of more advanced technology. Analysts say the company may upgrade guidance as key makers of cutting-edge chips - including Taiwan's TSMC, which manufactures chips for Nvidia and Apple, and reports earnings on Thursday - may increase and accelerate equipment purchases.  ( 62 min )

Fed Chair Jerome Powell's sort of dovish comments have cemented an interest rate cut in September, at least in markets' eyes, with the prospect of Donald Trump making a return to White House keeping trades associated with it in play and on investor minds. In what could be his last public comments before the U.S. Federal Reserve goes into a blackout ahead of its July 30-31 policy meeting, Powell remained cautious but suggested that recent inflation data have been in the right direction for the inflation rate to return to the Fed's target of 2%.  ( 61 min )

Berkshire Hathaway shares closed at a record high on Monday, buoyed by gains in some of the conglomerate’s key holdings. Monitor these important chart levels.  ( 61 min )

No content preview

Both companies are benefiting from AI-driven demand for cloud computing.  ( 62 min )

No content preview

De Europese Rekenkamer heeft stevige kritiek op het EU-beleid rond de productie van duurzame waterstof. De doelen die zijn gesteld voor 2030 zijn nergens op gebaseerd en bovendien onhaalbaar, denken de controleurs.  ( 1 min )

Medewerkers van luchthavens in Parijs leggen in de week voor de Olympische Spelen het werk niet neer. Eerder leek dat nog wel te gaan gebeuren.  ( 1 min )

De 'banenafspraak' werkt niet goed, zegt de Nederlandse Arbeidsinspectie. De regeling moet mensen met een arbeidsbeperking aan werk helpen. Maar voor een groot deel van die groep is het onmogelijk bij een reguliere werkgever aan het werk te gaan.  ( 1 min )

Het kabinet stelt miljoenen euro's beschikbaar om mensen op te leiden voor werk in de microchipsector. Het grootste bedrag moet naar Eindhoven gaan: 275 miljoen euro.  ( 1 min )

Tesla wil bijna achthonderd nieuwe werknemers aannemen. Dat is bijzonder, omdat topman Elon Musk slechts drie maanden geleden abrupt de grootste reeks ontslagen in de geschiedenis van het Amerikaanse autobedrijf aankondigde.  ( 1 min )

Het vrachtschip Fremantle Highway brandde vorige zomer uit bij Ameland. Bijna een jaar later vindt een felle strijd plaats in de rechtbank over de verkoop van het schip, dat nu Floor heet, en de auto's die het vervoerde.  ( 1 min )

Er gaan meer bloemen de grens over. Vooral de afgelopen drie maanden was er veel vraag naar Nederlandse bloemen. Zo waren Oost-Europese landen zeer geïnteresseerd in onze tulpen en rozen.  ( 1 min )

De provincie Zuid-Holland wil onderzoeken wat de economische gevolgen zijn als het vliegveld van Rotterdam wordt omgevormd tot een bedrijventerrein, een natuurgebied of een woningbouwlocatie.  ( 1 min )

Ruim een kwart van de door toezichthouder NVWA onderzochte volkorenproducten heet onterecht volkoren. De dienst deelt boetes uit en dwingt producenten verpakkingen aan te passen.  ( 1 min )

Het pensioenstelsel gaat de komende jaren flink op de schop. De risico's komen meer bij pensioendeelnemers te liggen. Stem en discussieer mee over de stelling: 'Ik maak me zorgen over het nieuwe pensioenstelsel.'  ( 1 min )

Het moederbedrijf van drogisterij Kruidvat heeft een boete van 600.000 euro gekregen. AS Watson verzamelde tegen de regels in gevoelige persoonsgegevens van miljoenen bezoekers van Kruidvat.nl, meldt de Autoriteit Persoonsgegevens (AP).  ( 1 min )

Veel koeriers en andere zzp'ers geven er de brui aan. Ook trekken minder mensen de ondernemersschoenen aan. De KVK turfde afgelopen kwartaal opvallend minder inschrijvingen van nieuwe bouwbedrijven. Daarnaast groeit het aantal mkb-bedrijven dat stopt.  ( 1 min )

Een groot deel van de Nederlanders is niet bekend met de aanstaande veranderingen voor hun pensioen. En dat is zorgelijk, zegt voorlichtingsinstituut Nibud.  ( 1 min )

De prijzen van huurwoningen in de vrije sector zijn in een jaar met bijna 10 procent gestegen. Tegelijkertijd is het aanbod van woningen met ruim 30 procent teruggelopen. Dat blijkt uit cijfers van huurplatform Pararius over het tweede kwartaal.  ( 1 min )

Tesla's planned debut of its autonomous robotaxi could help drive the electric vehicle maker's stock price higher, analysts say, despite delays.  ( 20 min )

Robert Kennedy Jr. is running as an independent candidate in the 2024 presidential election against President Joe Biden and former President Donald Trump. Here's a look at RFK Jr.'s investments and assets.  ( 22 min )

Tesla reports earnings July 23. In addition to the numbers and outlook, investors will be watching for news on the company's robotaxi plans.  ( 21 min )

The S&P 500 added 0.6% on Tuesday, July 16, 2024, amid stronger-than-expected retail sales data and greater certainty that the Federal Reserve will lower interest rates in September.  ( 18 min )

Gartner research forecasts higher IT spending in 2024 as companies invest in artificial intelligence, with data-center and software spending to grow the most.  ( 18 min )

Doubts About Previously Anticipated Demand, Particularly From China, Have Grown  ( 21 min )

While U.S. retail sales were unchanged in June, that was better than the decline economists were expecting, showing consumers may still have more spending left.  ( 21 min )

Gold prices hit a record high Tuesday as investors anticipate likely interest rates cuts starting this fall.  ( 20 min )

Jefferies analysts expect that a slide in business IT spending will be bottoming out soon. Jefferies named EPAM Systems as a possible beneficiary.  ( 20 min )

The Dow reached a record high in intraday trading Tuesday following several stronger-than-expected earnings reports.  ( 20 min )

Wolfe Research analysts initiated upbeat coverage of Amazon, highlighting opportunities for the company including its cloud segment and artificial intelligence initiatives.  ( 20 min )

Bank of America upgraded Shopify, saying the online payments platform is turning a corner on balanced growth and profit margin.  ( 20 min )

Builders were down about their current sales and traffic but feel more optimistic about the outlook while investors anticipate potential cuts by the Federal Reserve.  ( 21 min )

Bitcoin tested $65,000 after former President Donald Trump picked "pro-crypto" J.D. Vance as his running mate and speculation of a spot ether ETF approval next week gathered steam.  ( 22 min )

PNC Financial shares surged Tuesday after the bank beat analysts' second-quarter earnings and revenue estimates on higher fees.  ( 21 min )

The International Monetary Fund released a fresh outlook for the global economy, forecasting a decline in U.S. growth next year while also warning that stubborn inflation may keep global interest rates higher for longer.  ( 20 min )

Import prices were unchanged in June after declining for the first time all year in the prior month.  ( 20 min )

Charles Schwab shares tumbled in intraday trading Tuesday after CEO Walt Bettinger said in an earnings call that the financial services company plans to downsize in order to maintain profitability.  ( 20 min )

Fed Fund Futures Show Expectations for Multiple Cuts Before End of the Year  ( 18 min )

State Street's earnings per share came in at $2.15, with revenue higher by 2.6% to $3.19 billion.  ( 20 min )

Morgan Stanley shares jumped after the bank posted strong second-quarter results on the top and bottom lines despite sluggish growth in its wealth management business.  ( 19 min )

U.K. regulators opened an investigation into Microsoft's hiring of former Inflection AI employees and related agreements, citing concerns about whether they could affect competition.  ( 20 min )

Uber users will now be able to see average wait times and prices for trips starting at local airports across thousands of cities.  ( 18 min )

UnitedHealth Group's earnings exceeded forecasts as its Optum division added more patients and pharmacy customers.  ( 20 min )

Bank of America shares rose Tuesday after it reported second-quarter results that beat estimates as investment banking fees surged 29%.  ( 20 min )

Hugo Boss shares are tumbling Tuesday after the luxury fashion retailer became the latest to warn of bad times for the high-end sector.  ( 21 min )

Starboard Says Match Needs to Improve Profitability or Consider Going Private  ( 21 min )

News of the day for July 16, 2024  ( 22 min )

Index Posted its First Record Close Since May 17 on Monday  ( 21 min )

Berkshire Hathaway shares closed at a record high on Monday, buoyed by gains in some of the conglomerate’s key holdings. Monitor these important chart levels.  ( 21 min )

Tesla reports earnings July 23. In addition to the numbers and outlook, investors will be watching for news on the company's robotaxi plans.  ( 1 min )

Gartner research forecasts higher IT spending in 2024 as companies invest in artificial intelligence, with data-center and software spending to grow the most.  ( 1 min )

Wolfe Research analysts initiated upbeat coverage of Amazon, highlighting opportunities for the company including its cloud segment and artificial intelligence initiatives.  ( 1 min )

PNC Financial shares surged Tuesday after the bank beat analysts' second-quarter earnings and revenue estimates on higher fees.  ( 1 min )

Charles Schwab shares tumbled in intraday trading Tuesday after CEO Walt Bettinger said in an earnings call that the financial services company plans to downsize in order to maintain profitability.  ( 1 min )

Tesla's planned debut of its autonomous robotaxi could help drive the electric vehicle maker's stock price higher, analysts say, despite delays.  ( 1 min )

The S&P 500 added 0.6% on Tuesday, July 16, 2024, amid stronger-than-expected retail sales data and greater certainty that the Federal Reserve will lower interest rates in September.  ( 1 min )

Doubts about previously anticipated demand, particularly from China, have pushed global oil prices down for a third straight day, extending a drop of almost 5% since July 4.  ( 1 min )

Gold prices hit a record high Tuesday as investors anticipate likely interest rates cuts starting this fall.  ( 1 min )

Jefferies analysts expect that a slide in business IT spending will be bottoming out soon. Jefferies named EPAM Systems as a possible beneficiary.  ( 1 min )

The Dow reached a record high in intraday trading Tuesday following several stronger-than-expected earnings reports.  ( 1 min )

Bank of America upgraded Shopify, saying the online payments platform is turning a corner on balanced growth and profit margin.  ( 1 min )

Hugo Boss shares are tumbling Tuesday after the luxury fashion retailer became the latest to warn of bad times for the high-end sector.  ( 1 min )

Stock futures were higher Tuesday as earnings reporting season kicks into high gear and market participants keep an eye on political developments in the U.S.  ( 1 min )

UnitedHealth Group shares surged more than 6% on Tuesday after a strong earnings report from the health insurance giant. Monitor these key chart levels.  ( 1 min )

Berkshire Hathaway shares closed at a record high on Monday, buoyed by gains in some of the conglomerate’s key holdings. Monitor these important chart levels.  ( 1 min )

Shares of Match Group, the company behind its namesake dating service along with Tinder, Hinge, and others, are surging in premarket trading Tuesday after activist hedge fund Starboard Value buys a stake.  ( 1 min )

Netflix is set to report second-quarter earnings after the bell Thursday, with investors likely to be watching for continued subscriber growth.  ( 21 min )

Episode 196 of the Investopedia Express podcast with Caleb Silver (July 15, 2024)  ( 19 min )

The S&P 500 added 0.3% on Monday, July 15, 2024, as investors weighed a shifting political environment and the Fed chair reiterated optimism on declining inflation.  ( 18 min )

China's stuttering rebound suffered another blow Monday, with disappointing GDP data leading to losses in U.S.-listed Chinese stocks and China-focused ETFs.  ( 20 min )

Solar stocks slumped across the board on Monday, weighed down by a warning from SolarEdge.  ( 19 min )

Fed Chair Jerome Powell said that the latest inflation report shows inflation continues to move lower, but he didn’t commit to interest-rate cuts during an appearance in Washington, D.C., today.  ( 18 min )

Tesla CEO Elon Musk endorsed the candidacy of former President Donald Trump and said a planned robotaxi event would be delayed.  ( 20 min )

Bitcoin was back above $63,000 for the first time in two weeks, up more than 15% from the lows of last week.  ( 22 min )

A luxury-sector downturn shows few signs of letting up, with Burberry replacing its CEO and blaming a slowdown in all its "key regions."  ( 21 min )

SolarEdge Technologies is cutting 400 employees from its workforce thanks to an inventory backlog and declining revenue, according to a Securities and Exchange Commission filing Monday.  ( 20 min )

Apple shares hit a record high Monday after price-target bumps from analysts who cited optimism on the sales growth potential of generative AI for iPhones and iPads.  ( 21 min )

China’s gross domestic product rose 4.7% year-over-year in the second quarter, below expectation, as a prolonged real estate slump and trade tensions continue to weigh.  ( 20 min )

AutoNation has cut its second-quarter earnings guidance in the wake of a cyberattack on software provider CDK Global, the company said Monday in a Securities and Exchange Commission filing.  ( 20 min )

HashiCorp said Monday that it had received a request from the Federal Trade Commission for additional information on IBM's planned acquisition of the cloud software maker.  ( 20 min )

After months of negotiation, Macy’s has ended talks with would-be buyers Arkhouse Management and Brigade Capital Management, sending its shares sharply lower Monday.  ( 20 min )

Shares climb ahead of start of Republican National Convention  ( 20 min )

Super Micro Computer has been tapped to join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index starting July 22, the exchange said.  ( 19 min )

Goldman Sachs reported better-than-expected second-quarter results Monday thanks to growth from its investment banking and wealth management divisions.  ( 20 min )

Cleveland-Cliffs announced a $2.5 billion deal to buy Ontario-based steelmaker Stelco Holdings on Monday.  ( 20 min )

Global smartphone shipments by Apple and South Korea's Samsung rose in the second quarter from a year earlier, but their market shares fell as Chinese rivals chalked up bigger gains, IDC data showed.  ( 20 min )

BlackRock reported a record $10.6 trillion in assets under management in its second-quarter earnings report Monday, as profits and revenue rose year-over-year.  ( 20 min )

News of the day for July 15, 2024  ( 20 min )

Technical indicators point to slowing momentum for Netflix stock ahead of the company's earnings report on Thursday. Monitor these key levels amid earnings-related volatility this week.  ( 21 min )

Deal Would Be Alphabet's Largest Ever Acquisition  ( 21 min )

Netflix is set to report second-quarter earnings after the bell Thursday, with investors likely to be watching for continued subscriber growth.  ( 1 min )

A luxury-sector downturn shows few signs of letting up, with Burberry replacing its CEO and blaming a slowdown in all its "key regions."  ( 1 min )

AutoNation has cut its second-quarter earnings guidance in the wake of a cyberattack on software provider CDK Global, the company said Monday in a Securities and Exchange Commission filing.  ( 1 min )

Cleveland-Cliffs announced a $2.5 billion deal to buy Ontario-based steelmaker Stelco Holdings on Monday.  ( 1 min )

Global smartphone shipments by Apple and South Korea's Samsung rose in the second quarter from a year earlier, but their market shares fell as Chinese rivals chalked up bigger gains, IDC data showed.  ( 1 min )

Tesla CEO Elon Musk endorsed the candidacy of former President Donald Trump and said a planned robotaxi event would be delayed.  ( 1 min )

HashiCorp said Monday that it had received a request from the Federal Trade Commission for additional information on IBM's planned acquisition of the cloud software maker.  ( 1 min )

Goldman Sachs reported better-than-expected second-quarter results Monday thanks to growth from its investment banking and wealth management divisions.  ( 1 min )

BlackRock reported a record $10.6 trillion in assets under management in its second-quarter earnings report Monday, as profits and revenue rose year-over-year.  ( 1 min )

Which of these AI-driven chipmakers will generate bigger gains this year?  ( 62 min )

No content preview

No content preview

No content preview

Chinese consumer stocks took a hit on lackluster Q2 growth.  ( 61 min )

Solar stocks slumped across the board on Monday, weighed down by a warning from SolarEdge.  ( 59 min )

Tesla CEO Elon Musk endorsed the candidacy of former President Donald Trump and said a planned robotaxi event would be delayed.  ( 60 min )

A new study by Prudential shows that 67% of 55-year-olds, along with a majority of 65 and 75-year-olds, are severely underprepared for retirement and in danger of becoming "silver squatters." According to Prudential, "Silver Squatters" describes retired-age individuals who need to rely more on family for housing and financial support. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many Americans  ( 62 min )

Pfizer (PFE) stock has been struggling, but looking among the market’s laggards can yield attractive opportunities. The stock is super cheap, sports a stellar 5.7% dividend yield and has an interesting potential catalyst on deck in the form of a new weight loss drug candidate that it is moving forward on developing. Plus, sell-side analysts believe the stock has potential upside of 17.1% over the next year. Significantly Cheaper Than the Overall Market So, how cheap is Pfizer? The stock trades a  ( 62 min )

Tanner Firl, a 29-year-old software engineer from Minneapolis, Minnesota, has an ambitious goal: to retire by age 35. With an annual salary of $135,000, Tanner has already saved $380,000 for retirement. His secret? Extreme frugality and strategic investing. Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. The average American couple has saved this much money for retirement — How do you compare? Tanner believes his frugality set  ( 62 min )

If you ask investors about dividends, many would say, "the more, the merrier." Monthly dividends from REITs are popular because they allow shareholders to earn money effortlessly through direct deposits. Keep reading to find out how you can earn a ...  ( 61 min )

No content preview

Shares of Tesla, Rivian, and Lucid have all exploded higher over the last month.  ( 61 min )

Trump Media & Technology Group surged about 40% early Monday after former President Donald Trump survived an assassination attempt at a Pennsylvania rally on Saturday.  ( 62 min )

No content preview

No content preview

Find the latest Ulta Beauty, Inc. (ULTA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

No content preview

How much is too much to pay for Celsius stock if its growth is slowing?  ( 61 min )

Find the latest Ulta Beauty, Inc. (ULTA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

(Bloomberg) -- The momentum behind Donald Trump’s campaign for a second term as president is rekindling concerns that the long-cherished municipal bond tax-break may be scrapped to help pay for permanent tax cuts. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBold and Bloodied Trump Seizes the Moment After Being ShotTrump Classified Docu  ( 62 min )

Many Americans, who are generally not satisfied with today's economy, are focusing on the 2024 presidential election. The U.S. real estate industry and many other sectors are speculating on the implications of a potential second term for Donald Trump. Many economists have considered what a second presidential term under Trump would mean. They've provided insight on everything from interest rates and tax cuts to housing prices and inflation. Don't Miss: Rory McIlroy’s mansion in Florida is worth  ( 62 min )

No content preview

Super Micro Computer has been tapped to join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index starting July 22, the exchange said.  ( 25 min )

American restaurant chains are squeezed by rising prices and fewer customers, forcing companies like Red Lobster to declare bankruptcy and Applebee's to close dozens of locations. "The U.S. restaurant industry finds itself on the menu," "Shark Tank" star Kevin O'Leary wrote in a column for the Daily Mail. O'Leary points out a double whammy for restaurants — people are way more into delivery these days, skipping the dine-in experience, and with more folks working remotely or on a hybrid schedule,  ( 61 min )

Trump Media & Technology Group surged about 40% early Monday after former President Donald Trump survived an assassination attempt at a Pennsylvania rally on Saturday.  ( 62 min )

Bitcoin (CRYPTO: BTC/USD) stocks including Marathon Digital Holdings, Inc (NASDAQ:MARA), CleanSpark, Inc (NASDAQ:CLSK), Coinbase Global, Inc (NASDAQ:COIN), Riot Platforms, Inc (NASDAQ:RIOT), MicroStrategy Inc (NASDAQ:MSTR) are trading higher Monday as Bitcoin surged past $63,000 for the first time in 12 days as U.S. institutional investors resumed purchasing after weeks of sell-offs. Currently, Bitcoin bulls and bears are fiercely contesting this level. Also Read: Following Coinbase And Stripe D  ( 61 min )

The aerospace giant's latest delivery update contained some good news.  ( 62 min )

Key artificial intelligence chip stocks Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) stocks continue to ride the artificial intelligence wave Monday. Wall Street expects leading AI contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) to likely report a 30% rise in second-quarter profit on Thursday. The Street expects Taiwan Semiconductor to clock a net profit of $7.25 billion for the quarter ending June 30. Also Read: Nvidia Highlights Lucrative Returns F  ( 61 min )

Another week of gains followed volatile trading on Wall Street as inflation data cemented September rate hikes and big Wall Street banks kicked off second quarter earnings season.  ( 63 min )

Here are three stocks with great dividend track records that are in good position to continue paying out more.  ( 63 min )

(Bloomberg) -- Macy’s Inc. has ended talks with Arkhouse Management Co. and Brigade Capital Management on their revised buyout offer for the department store chain.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawGlobal Markets Ramp Up the ‘Trump Trade’ After Rally AttackFinancin  ( 60 min )

Elon Musk (CEO of Tesla and SpaceX) is undoubtedly one of the most influential contemporary figures. Musk's impact on cryptocurrency, particularly Dogecoin (DOGE), is undeniably impressive. Musk's first DOGE tweet was over five years ago, in April 2019. Since this original tweet, DOGE has taken the financial world by storm, proving its lucrativeness for many investors. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto fa  ( 62 min )

These fundamentally strong stocks can deliver exceptional returns for patient investors.  ( 62 min )

These companies dominate their respective areas of tech and could deliver major gains over the long term.  ( 63 min )

Dividend stocks have been under pressure lately as investors flocked to high-growth tech companies to ride the AI bandwagon. However, amid the latest data showing signs of easing inflation, many analysts believe possible rate cuts from the Federal ...  ( 63 min )

No content preview

No content preview

AGNC has slipped below $10 a share and offers a huge 14%-plus dividend yield. Should you buy it?  ( 62 min )

No content preview

News of the day for July 15, 2024  ( 61 min )

No content preview

Find the latest DuPont de Nemours, Inc. (DD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

Shares of the world's leading chip designer are being propelled by the artificial intelligence (AI) revolution.  ( 63 min )

These elite companies can help you build lasting wealth.  ( 61 min )

No content preview

In what was seen as a move to catch up with Alphabet's Google and Microsoft-backed OpenAI, the iPad maker last month unveiled Apple Intelligence, luring customers to upgrade their devices to be able to use the new technology. Apple's shares, which have jumped nearly 20% this year, rose to $235.37 before the bell, giving the company a market value of about $3.6 trillion, the highest in the world. "Apple Intelligence is a clear catalyst to boost iPhone and iPad shipments," Morgan Stanley analysts said.  ( 25 min )

Goldman Sachs reported that its second-quarter profits soared 150% from a year ago as investment banking surged, the latest signal that Wall Street is warming up after a two-year drought.  ( 61 min )

It is not too late to buy despite its massive growth.  ( 62 min )

No content preview

No content preview

No content preview

No content preview

No content preview

Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

Airbus is to freeze hiring and cut its costs as it fights a wave of cheaper airliners from China.  ( 60 min )

The market is still full of great picks despite a successful start to the investment year.  ( 62 min )

No content preview

Find the latest CrowdStrike Holdings, Inc. (CRWD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest JetBlue Airways Corporation (JBLU) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 47 min )

(Bloomberg) -- Cleveland-Cliffs Inc. agreed to buy Canadian steelmaker Stelco Holdings Inc. for about C$3.85 billion ($2.8 billion), in the company’s first major move after losing out in its bid for United States Steel Corp. last year. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What  ( 61 min )

(Bloomberg) -- Apple Inc. was named a top pick at Morgan Stanley, with the broker seeing the launch of the tech giant’s artificial intelligence platform triggering a record rush among users to upgrade their smartphones, tablets and computers. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here I  ( 61 min )

The IRS allows workers to put aside pre-tax earnings in traditional Individual Retirement Accounts, 401(k) and similar workplace accounts, and for all the money to grow – tax-deferred – to give you cash for retirement. But the national tax collector only waits so long to collect, and once you turn 73, the law forces retirees […] The post I Turn 73 This Year. How Do I Avoid RMD Taxes? appeared first on SmartReads by SmartAsset.  ( 63 min )

Paying a 1% annual fee to a financial advisor for managing a $2 million investment portfolio is pretty typical, but that doesn’t necessarily mean it’s the right amount for every investor. Even small-sounding financial advisor fees can seriously erode long-term returns when compounded over years or decades. A 1% annual fee on a $2 million […] The post I Have $2 Million Invested With My Financial Advisor and Pay a 1% Fee. Am I Paying Too Much? appeared first on SmartReads by SmartAsset.  ( 63 min )

These companies stand out for their pedigrees, robust financials, and future growth prospects.  ( 62 min )

SolarEdge Technologies said on Monday it would lay off 400 employees, as it works to restore profitability and ensure financial stability.  ( 59 min )

Another week of gains followed volatile trading on Wall Street as inflation data cemented September rate hikes and big Wall Street banks kicked off second quarter earnings season.  ( 26 min )

No content preview

Kuwait Oil Company's (KOC) preliminary reserve estimates are around 2.1 billion barrels (bbbl) of light oil and 5.1 trillion cubic feet (tcf) of gas.  ( 60 min )

Stock splits are all the rage. Which company is next?  ( 62 min )

U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the automaker's launch of 5G vehicles in Britain. Elon Musk's company sued InterDigital and Avanci – which licenses patents from multiple owners, largely for automotive uses – at London's High Court in 2023. InterDigital and Avanci in May asked the court to throw out Tesla's bid for a ruling on the fair terms of a licence for certain patents and the High Court ruled in their favour on Monday.  ( 60 min )

Stock markets have scaled record highs in the last few months amid rising hopes of a soft landing for the U.S. economy and investor frenzy around artificial intelligence-linked stocks. That has boosted BlackRock's assets under management to $10.65 trillion in the quarter, up from $9.43 trillion a year earlier. Fees earned from managing and servicing its client assets make up a substantial portion of BlackRock's revenue.  ( 60 min )

The shock shooting on Saturday of former President Donald Trump, who is seeking a return to the White House, is reverberating around world markets, with bets that the incident boosts his re-election chances steepening the Treasury yield curve and lifting stock futures first thing. The full implications of the gun attack on Trump, who escaped with a minor injury to his ear to head to the Republican convention in Milwaukee on Monday, may take some time for the country and investors to absorb. But for now the simple conclusion is that the shooting likely increases Trump's already considerable chances of returning to the White House after November's election.  ( 62 min )

Trump was shot in the ear on Saturday during a rally in Pennsylvania in what authorities were treating as an assassination attempt. Under Trump, markets expect hawkish trade policy and looser regulation over issues from climate change to cryptocurrency. "Trump as President is likely a positive for risk ... we should see S&P500 futures and the USD push higher today," said Chris Weston, head of research at Pepperstone.  ( 61 min )

It should be only a matter of time before the market caps of these stocks hit $3 trillion.  ( 62 min )

These three stocks boast an average yield that is more than three times the average dividend payer in the benchmark S&P 500 index.  ( 62 min )

Yes, Nvidia is one of them. But it's not the only semiconductor game in town.  ( 62 min )

Social Security continues to fall short for seniors. Here's how it's changing their lifestyles.  ( 61 min )

The following three players are putting a focus on AI.  ( 62 min )

Discounted stock prices make these strong brands worth considering as investments.  ( 61 min )

Wall Street's newest artificial intelligence (AI) stock-split stocks could deliver markedly different returns for investors over the next half-decade.  ( 64 min )

No content preview

Vanguard, a popular fund family, is prized for its low costs and stellar performance.  ( 62 min )

Apple, Amazon, and Snowflake are still solid long-term investments.  ( 27 min )

This data-mining stock is getting too hot to handle again.  ( 62 min )

U.S. stock futures were gaining early Monday after the attempted assassination of presidential candidate Donald Trump. Futures for the Dow Jones Industrial Average added 122 points, or 0.3%. S&P 500 futures were also up 0.3%, while contracts tracking the technology-heavy Nasdaq gained 0.5%. All thr  ( 19 min )

Wall Street's next 10-for-1 stock split is being executed by a company whose business is, arguably, built on a house of cards.  ( 64 min )

Revenue is climbing at these two drug companies -- and the trend should continue.  ( 62 min )

Should you buy this high-flying stock-split stock too?  ( 62 min )

Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could incur penalties were described in an unclear way and users may not understand exactly what was not allowed and what action the company could take in such cases. "Therefore, PayPal has an unlimited possibility to decide at will whether the user has committed a prohibited act and what penalty they will face for it, which may be, for example, blocking money on the account."  ( 60 min )

(Bloomberg) -- Swatch Group AG said sales and profit fell sharply amid a China-led slowdown for luxury watchmakers.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseThe Swiss watchmaking conglomerate, whose brands inc  ( 60 min )

No content preview

The German government completed the sale of its remaining Bitcoin holdings on July 12.  ( 60 min )

Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers' returns this year but the bets stand to magnify risk if the chipmaker's red-hot shares see a reversal of fortune. Nvidia shares are up about 785% since the start of 2023 and have risen some 160% this year alone, boosted by demand for its chips, seen as the gold standard in the AI field. Nvidia briefly became the world's most valuable company in June before a dip in its shares returned that title to Microsoft.  ( 62 min )

European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that has more to do with the growing sway of fast money in the $15 trillion market than with business prospects. Take the top 60 companies in Europe's broad STOXX 600 Index: when they reported earnings over the past year, their average daily stock moves were 18% higher than eight years ago, the analysis of more than 120,000 days of share price data from LSEG shows. The reasons for this rise in volatility are hard to pin down precisely but stem in large part from the growing dominance of hedge funds that chase trends in search of quick profit, according to interviews with two dozen traders and investors as well as a review of broker research for hedge funds and other sophisticated investors.  ( 65 min )

Shock at the attempt to assassinate former President Donald Trump is driving markets this Monday. For traders, their initial reaction has been to buy the U.S. dollar and bitcoin and sell longer term U.S. Treasuries -- the so-called Trump-victory trades -- as the incident galvanises his chances of winning back the White House. Federal Reserve Chair Jerome Powell speaks later in the day, and that's an equally high-stakes event that could sway bets of a September rate cut.  ( 26 min )

(Bloomberg) -- Under the blazing Adriatic sun, life almost stopped in Montenegro’s capital Podgorica earlier this summer. Cars and buses were stuck in gridlock as traffic lights went out, the internet crashed, and security alarms blared in reaction to a sudden loss of power supply. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdI Was at t  ( 64 min )

Asian shares began the week trading mixed as China reported that its economy expanded at a slower-than-forecast 4.7% annual pace in the last quarter. Markets seemed to take in stride a shooting at a rally for former President Donald Trumpin Butler, Pennsylvania that is being investigated as an attempted assassination of the presumptive Republican nominee. Leaders of the ruling Communist Party began a four-day meeting in Beijing to set economic strategy for the coming decade as investors watched for signs of measures to help revive the slumping property market and address huge local government debts.  ( 63 min )

No content preview

(Bloomberg) -- Shares of a Chinese company whose local-language name sounds like “Trump Wins Big” soared Monday, in the latest example of growing bets on the former US president’s election victory after an assassination attempt.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTru  ( 61 min )

Deal Would Be Alphabet's Largest Ever Acquisition  ( 60 min )

It's out of step with the coffee dance.  ( 61 min )

Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand. The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC's stock - and the broader Taiwan market - to record highs. TSMC is set to report a net profit of T$236.1 billion ($7.25 billion) for the quarter ended June 30, according to a LSEG SmartEstimate drawn from 20 analysts.  ( 61 min )

The S&P 500 added 0.3% on Monday, July 15, 2024, as investors weighed a shifting political environment and the Fed chair reiterated optimism on declining inflation.  ( 1 min )

SolarEdge Technologies is cutting 400 employees from its workforce thanks to an inventory backlog and declining revenue, according to a Securities and Exchange Commission filing Monday.  ( 1 min )

Apple shares hit a record high Monday after price-target bumps from analysts who cited optimism on the sales growth potential of generative AI for iPhones and iPads.  ( 1 min )

Shares of Trump Media & Technology Group rose in the first trading session since Saturday’s attempted assassination of former President Donald Trump at a rally in Pennsylvania.  ( 1 min )

Super Micro Computer has been tapped to join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index starting July 22, the exchange said.  ( 1 min )

China's stuttering rebound suffered another blow Monday, with disappointing GDP data leading to losses in U.S.-listed Chinese stocks and China-focused ETFs.  ( 1 min )

Solar stocks slumped across the board on Monday, weighed down by a warning from SolarEdge.  ( 1 min )

After months of negotiation, Macy’s has ended talks with would-be buyers Arkhouse Management and Brigade Capital Management, sending its shares sharply lower Monday.  ( 1 min )

Stock futures moved higher Monday as investors assessed the impact of the assassination attempt on former President Donald Trump on the U.S. presidential election and prepared for a busy week of corporate earnings reports.  ( 1 min )

Technical indicators point to slowing momentum for Netflix stock ahead of the company's earnings report on Thursday. Monitor these key levels amid earnings-related volatility this week.  ( 1 min )

Alphabet shares will be in focus on Monday after a report Sunday that the Google parent is in advanced discussions to acquire cybersecurity startup Wiz for around $23 billion, Monitor these important chart levels.  ( 1 min )

Schiphol Airport verwacht dat het de drukte deze zomer ondanks het personeelstekort goed aankan. Het was afgelopen weekend behoorlijk druk op de Amsterdamse luchthaven.  ( 1 min )

Twee Nederlandse handelaren mogen de 260 BMW's van het vorig jaar uitgebrande vrachtschip Fremantle Highway niet verder verkopen. De rechtbank in Den Haag heeft de ondernemers ongelijk gegeven in het kort geding dat zij tegen de Duitse autofabrikant hadden aangespannen.  ( 1 min )

Techbedrijf Yandex heeft de verkoop van zijn Russische activiteiten afgerond. Yandex wil verder onder de naam Nebius Group en zich richten op eigen projecten, zoals de ontwikkeling van technologie voor zelfrijdende auto's en cloudopslag.  ( 1 min )

De koers van de grootste cryptomunt bitcoin kwam maandagochtend korte tijd boven de 63.000 dollar (57.775 euro) uit. Dat was een stijging van zo'n 9 procent en het hoogste punt in twee weken. Beleggers denken dat dit komt door de aanslag van afgelopen weekend op Donald Trump.  ( 1 min )

IT-bedrijf Centric wordt overgenomen door een groep Nederlandse ondernemers. Dat meldt het bedrijf maandagochtend. Financiële details over de verkoop zijn (nog) niet bekendgemaakt.  ( 1 min )

De Nederlandse goederenexport is in mei gekrompen. Volgens statistiekbureau CBS stond vooral de export van machines, aardgas en aardolieproducten onder druk.  ( 1 min )

De Nederlandse goederenexport is in mei gekrompen. Volgens statistiekbureau CBS stond vooral de export van machines, aardgas en aardolieproducten onder druk.  ( 1 min )

De economie van China is in het tweede kwartaal van 2024 minder hard gegroeid dan economen hadden verwacht. De op een na grootste economie van de wereld blijft worstelen met de handelsspanningen met de VS en Europa.  ( 1 min )

De economie van China is in het tweede kwartaal van 2024 minder hard gegroeid dan economen hadden verwacht. De op een na grootste economie van de wereld blijft worstelen met de handelsspanningen met de VS en Europa.  ( 1 min )

Het stabureau is in veel (thuis)kantoren niet meer weg te denken. Werkgevers bieden de bureaus aan als gezonde oplossing om het vele zitten te onderbreken. Maar is staand werken echt gezonder?  ( 1 min )

Aanvallen met gijzelsoftware blijven onverminderd doorgaan. Gote cybercriminele groepen werden de afgelopen tijd verstoord door grootschalige politieacties, maar dat heeft geen vermindering teweeggebracht.  ( 1 min )

China's economy likely slowed in the second quarter as a protracted property downturn and job insecurity weighed on domestic demand, keeping alive expectations Beijing will need to unleash more stimulus. Data released on Monday is expected to show the world's second-largest economy grew 5.1% year-on-year in April-June, slowing from 5.3% in the previous three months and the weakest growth since the third quarter of 2023, according to a Reuters poll. The figures come as Beijing seeks to shore up economic confidence at a highly anticipated third plenum, a key leadership meeting that starts Monday, although conflicting requirements such as boosting growth and cutting debt complicate those plans.  ( 61 min )

When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision. What, however, received less attention was an announcement by another big automobile manufacturer - Suzuki Motor - just a few weeks earlier that it will shutter a Thai factory that produced as many as 60,000 cars a year. The Japanese automaker's move mirrors those by scores of other companies in Southeast Asia's second-biggest economy which is bearing the brunt of cheap imports from China and a slide in industrial competitiveness due to factors including rising energy prices and an ageing workforce.  ( 62 min )

U.S. bond futures slipped and the dollar firmed on Monday as investors wagered the attack on U.S. presidential candidate Donald Trump made his victory more likely, while injecting a whole new level of political uncertainty into markets. A holiday in Japan made for thin trading conditions and the early action was confined to a modest rise in the dollar while Treasury futures slipped. Investors have tended to react to the prospect of a Trump win by pushing Treasury yields higher, in part on the assumption his economic policies would add to inflation and debt.  ( 61 min )

(Bloomberg) -- Thomas Matthew Crooks, the 20-year-old gunman who shot and injured former President Donald Trump at a Pennsylvania rally, briefly appeared in an advertisement for BlackRock Inc., the company said on Sunday. Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk  ( 60 min )

(Bloomberg) -- US stock futures fluctuated after the attempted assassination of Donald Trump reinforced speculation that his chances of winning the November presidential election have increased.Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk Donates to Trump, Tapping Fo  ( 63 min )

Apple is the world's most valuable company again -- but can it keep its crown?  ( 62 min )

A dramatic escalation in U.S. political tension and violence looms over world markets on Monday after the attempted assassination of former President Donald Trump on Saturday, with Asian assets the first to show what the impact - if any - will be on trading and investing. If the shooting strengthens Trump's election hopes, analysts reckon so-called 'Trump-victory trades' could include a stronger dollar and a steeper U.S. Treasury yield curve. Even before Saturday's violence, there was no shortage of meaty issues for investors in Asia to get their teeth into on Monday - from snowballing U.S. rate cut expectations to suspected Japanese FX intervention and a deluge of economic data from China including second quarter GDP.  ( 61 min )

"This would be the third time that stocks entered a cycle where annual returns compound at high teens," Fundstrat's Tom Lee said.  ( 62 min )

(Bloomberg) -- As world financial markets started to reopen after the attempted assassination of Donald Trump, one thing seemed likely: The Trump trade will get even more momentum. Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceTrump Shooting Changes Biden’s Strategy to Reviv  ( 62 min )

Analysts have warned that Trump's plans to impose across-the-board tariffs, extend tax cuts, and limit immigration will be inflationary.  ( 62 min )

These stocks have sound fundamentals, and they could soar in the coming years.  ( 62 min )

Pandemic spending is paying off for Amazon.  ( 61 min )

What could stand in the way of Nvidia's continued success?  ( 63 min )

The fact that it isn't actually trading at a bargain is the least important factor.  ( 62 min )

As generous as Costco policies may be, membership can still be revoked. Find out what bad behaviors can cause you to lose your membership.  ( 62 min )

Google’s parent company Alphabet might be on the verge of making its biggest acquisition ever. The Wall Street Journal reports that Alphabet is in advanced talks to acquire Wiz for around $23 billion. While the deal isn’t finalized, the WSJ says it could come together soon.  ( 60 min )

No content preview

(Bloomberg) -- Google parent Alphabet Inc. is in advanced talks to buy cybersecurity startup Wiz in a deal that could fetch $23 billion, the Wall Street Journal reported, citing people with knowledge of the matter.Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawHaven Rush, ‘Tr  ( 60 min )

Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. A deal could come together soon, assuming the talks don't fall apart, the report added. Google and Wiz did not immediately respond to a Reuters' request for comment.  ( 59 min )

Is Sirius XM a hidden gem or a stock to avoid? Here's what you need to know.  ( 27 min )

SoFi stock has dramatically underperformed the broader market so far this year.  ( 62 min )

No content preview

The growing spending on memory chips could give this chip stock a nice boost following its upcoming earnings report.  ( 62 min )

No content preview

Micron's memory chip solutions are sold out through 2025.  ( 62 min )

These beaten-down blue chip stocks are struggling in 2024, but one stands out as the better buy today.  ( 63 min )

Beaten-down stocks can sometimes present an opportunity.  ( 63 min )

Shares are up for very good reasons.  ( 62 min )

Find out which crypto-related stocks are thriving in the post-halving market of 2024 and why. The answer may set you up for market-beating returns in the long run.  ( 63 min )

They don't have the most exciting businesses, but they have a lot to offer nonetheless.  ( 62 min )

Second quarter earnings season will begin to ramp up in the week ahead with results from Netflix, American Express, Goldman Sachs, and UnitedHealth set to feature.  ( 63 min )

This blue chip stock has market-beating potential after a disastrous decade.  ( 62 min )

The Federal Reserve's annual "stress test" exercise showed last month that the biggest U.S. banks would have enough capital to withstand severe economic and market turmoil but firms faced steeper hypothetical losses this year due to riskier portfolios. The tested banks overall saw losses of 17.6% to existing loan balances on credit cards and among them Goldman Sachs recorded 25.4% in losses. Goldman had one of the biggest increases in stress capital buffers (SCB) at 94 basis points.  ( 60 min )

No content preview

Lucid's luxury EVs get great reviews and the stock is cheap. But there are some things you should know before you buy.  ( 62 min )

These companies have bright futures over the long term but are trading at bargains compared to their peers.  ( 63 min )

Price is just one factor to consider.  ( 62 min )

Microsoft is the most valuable company in the world and shows no signs of slowing down.  ( 63 min )

Nvidia has gotten quite expensive compared to many other successful companies.  ( 61 min )

Taxes are a valid concern if you want to roll over $720,000 from your retirement fund into a Roth IRA. While you won’t pay any taxes if the assets you’re rolling over are held in another Roth account, there’s typically no way to completely avoid paying taxes when rolling pre-tax money into a Roth IRA. […] The post I Want to Roll Over $720k to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartReads by SmartAsset.  ( 65 min )

Required minimum distributions, or RMDs, are a problem for some retirees. If that's your situation, a Roth conversion may be able to help. The advantage to switching your money from a pre-tax portfolio, like a traditional IRA, to a post-tax Roth IRA is an end to RMD concerns. Since you've already paid taxes on the […] The post I'm 60 With $1.1 Million in an IRA. Is It Worth Converting $100,000 Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.  ( 64 min )

The Fed could take the steam out of stocks in the second half of the year, some analysts say.  ( 62 min )

Looking for budget-friendly AI investment opportunities? Here are three stellar AI giants to consider today.  ( 64 min )

UiPath and MercadoLibre both have immense upside.  ( 61 min )

It often doesn't make sense for couples to follow this common financial advice so strictly.  ( 61 min )

Simpler and safer is a more fruitful strategy in the long run. These three distinctly different funds may be all you need.  ( 63 min )

What's better than a dividend? A dividend that's growing.  ( 62 min )

Paying taxes now with the promise of not owing them later sounds savvy on the surface, but there's more to the matter.  ( 63 min )

These companies are winning now and should continue winning for the foreseeable future.  ( 63 min )

The renewable energy MLP offers a 13% yield and promises of more distribution growth. However, it may not exist in five years.  ( 62 min )

Taiwan Semiconductor Manufacturing stands to benefit from booming demand in AI chips.  ( 62 min )

Nvidia used to be Wall Street's darling. Now, many analysts like Broadcom more.  ( 61 min )

Mortgage real estate investment trusts aren't the easiest businesses to understand, and determining whether one makes sense for your portfolio can be complicated.  ( 62 min )

No content preview

You don't need only hyped-up growth stocks -- in fact, you should have some unhyped stocks in your portfolio, too.  ( 62 min )

Most of the world's wealthiest hedge fund managers are investing heavily in AI. And they especially like two AI stocks.  ( 62 min )

Investors should consider these stocks before others discover them.  ( 62 min )

The S&P 500 is trading at a record high, led by the technology sector, but it's not too late to buy in for the long term.  ( 63 min )

Billionaires know the opportunity in AI goes well beyond Nvidia.  ( 62 min )

Four high-octane growth stocks with well-defined catalysts and competitive advantages have a clear path to reach a $1 trillion valuation in 16 years.  ( 63 min )

The company is just around the corner from fresh quarterly earnings and a highly anticipated product launch.  ( 62 min )

Chipotle stock has retreated in the wake of its stock split.  ( 61 min )

Are the sales a sign of overvaluation? Or just business as usual?  ( 62 min )

No content preview

It's never too early or too late to improve your financial status.  ( 62 min )

These companies rule retail and could deliver significant gains.  ( 28 min )

The prices of these reliable dividend payers haven't kept pace with the frothy stock market.  ( 61 min )

The veteran telecom is on an upswing from a multiyear turnaround.  ( 61 min )

SINGAPORE (Reuters) -Saturday's shooting at former U.S. President Donald Trump's election rally raises his odds of winning back the White House and betting on his victory will increase, investors said. Trump was shot in the ear during a rally in Pennsylvania in what authorities were treating as an assassination attempt. Before the shooting, markets had reacted to the prospect of a Trump presidency by pushing the dollar higher and positioning for a steeper U.S. Treasury yield curve, and those moves extended a little in Asia trade on Monday morning.  ( 62 min )

The Trump campaign later said the former president was "doing well" and appeared to have suffered no major injury besides a wound on his upper right ear. "Perhaps we see the market begin projecting longer-term rates higher, and anticipating lower short-term rates, because I think it's clear that as president, Trump would push for lower rates right away."  ( 63 min )

While you don't need a ton of money saved up just yet, you do need a plan to either start or continue saving regularly going forward.  ( 63 min )

Now might be a great time to bite the bullet and buy this semiconductor stock on a dip.  ( 62 min )

(Bloomberg) -- Saudi Arabia faces the most precarious moment yet of its economic reinvention.Most Read from BloombergTrump ‘Fine’ After Being Shot in Ear in Assassination AttemptMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedEight years after now-Crown Prince Mohammed bin Salman unveiled Vision 2030, h  ( 63 min )

(Bloomberg) -- European Central Bank officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s longest-ever summer breaks between decisions.Most Read from BloombergTrump ‘Fine’ After Being Shot In Ear at Rally, Shooter Is DeadMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Self-Belief Collides Wit  ( 65 min )

SIM-swapping is a growing form of identity theft that goes beyond hacking into an email or social media account. In this case, the thieves take over your phone number. Any protections consumers enabled to secure access to their financial accounts, such as two-factor authentication texts, now can aid attackers and lock out owners.  ( 62 min )

(Bloomberg) -- Traders will initially rush into haven assets and reevaluate trades most linked to former President Donald Trump’s candidacy after he was shot at a rally, according to market watchers.Most Read from BloombergTrump ‘Fine’ as Shooting Investigated as Assassination AttemptMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Self-Belief Collides With Dem  ( 61 min )

No content preview

Google parent Alphabet is reportedly in talks with cybersecurity startup Wiz in a bid to shore up its cloud computing business.  ( 20 min )

The Fed could take the steam out of stocks in the second half of the year, some analysts say.  ( 23 min )

Coming up: Powell remarks, GOP Convention, earnings from big banks, Netflix earnings  ( 26 min )

Google parent Alphabet is reportedly in talks with cybersecurity startup Wiz in a bid to shore up its cloud computing business.  ( 1 min )

The Fed could take the steam out of stocks in the second half of the year, some analysts say.  ( 1 min )

Coming up: Powell remarks, GOP Convention, earnings from big banks and Netflix earnings  ( 1 min )

Energie opwekken uit oude frieten en uienschillen: op een Alkmaars industrieterrein doen ze het. Groen gas is een duurzamer alternatief voor aardgas, waarvan we jaarlijks 30 miljard kuub gebruiken in Nederland. Maar grootschalige productie komt nog niet echt op stoom. "Onbekend maakt onbemind."  ( 1 min )

Energie opwekken uit oude frieten en uienschillen: op een Alkmaars industrieterrein doen ze het. Groen gas is een duurzamer alternatief voor aardgas, waarvan we jaarlijks 30 miljard kuub gebruiken in Nederland. Maar grootschalige productie komt nog niet echt op stoom. "Onbekend maakt onbemind."  ( 1 min )

Precies drie jaar na de watersnood in Limburg zijn Nederlanders nog steeds niet goed verzekerd voor grote overstromingen. Een oplossing laat op zich wachten, omdat de overheid en verzekeraars er nog niet uit zijn.  ( 1 min )

Precies drie jaar na de watersnood in Limburg zijn Nederlanders nog steeds niet goed verzekerd voor grote overstromingen. Een oplossing laat op zich wachten, omdat de overheid en verzekeraars er nog niet uit zijn.  ( 1 min )

The last couple of years have been painful. Is the worst over?  ( 62 min )

Nvidia stock is up nearly 800% over the last 18 months.  ( 62 min )

Cava and Chipotle stock have each outperformed the S&P 500 so far this year.  ( 61 min )

No content preview

Shares of Ulta Beauty deserve a closer look following the deep sell-off.  ( 62 min )

Several stellar dividend stocks are trading at low prices you rarely see.  ( 62 min )

It is hard to find high yields in a raging bull market, but it isn't impossible. Here are three that are just waiting to be added to your portfolio.  ( 62 min )

The percentage of S&P 500 stocks that are outperforming the index has fallen to a record low, diving below 25%, according to Apollo Global Management.  ( 60 min )

There's probably more of the same coming from this perennial winner.  ( 61 min )

The oil major faces some uncertainty, and it might be time to start looking at investing in some other oil stocks as well.  ( 62 min )

Markets are racing higher, but some stocks are trading at fire-sale prices.  ( 61 min )

Should you bet on this exciting artificial intelligence stock?  ( 61 min )

Investors might be undervaluing an entire segment of the stock market, and it could lead to a decade of outperformance.  ( 63 min )

No content preview

I’m a Berkshire investor and I don’t plan to go anywhere when Buffett is no longer part of the show. Should you?  ( 62 min )

No content preview

Shares of Super Micro Computer are up over 200% so far this year.  ( 62 min )

Globe Life stock plummeted earlier this year after it was the target of a short seller.  ( 61 min )

(Bloomberg) -- Argentina’s central bank will sell US dollars in the country’s parallel foreign exchange markets starting Monday, a move Economy Minister Luis Caputo called “a deepening of the monetary framework.” Most Read from BloombergMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignGriffin, Singe  ( 61 min )

These are solid stocks that have all generated 10-year returns in excess of 200%.  ( 63 min )

Agree is a fast-growing REIT with an attractive yield. This competitor with a higher yield is transitioning its business so it can grow faster.  ( 62 min )

The split for Microsoft could come at a lower price than comparable stocks.  ( 56 min )

Demand has skyrocketed beyond belief.  ( 26 min )

Argentina will cease expanding its monetary base as part of the government's campaign to combat inflation, Economy Minister Luis Caputo said on messaging platform X on Saturday. "From now on the amount of money remains the same or is reduced if the central bank (BCRA) sells dollars" in the official exchange market known as the MULC, Caputo wrote. "If the BCRA buys dollars in the MULC, the issuance of equivalent pesos will be sterilized with the sale of equivalent dollars in the cash with liquidation (CCL) market," a market where dollar transactions are settled in cash, Caputo wrote.  ( 60 min )

Here's how to decide on the best age to file for benefits.  ( 61 min )

These energy stocks have plenty of fuel to pay dividends and generate strong total returns.  ( 63 min )

No content preview

There is still much growth left in this red-hot cybersecurity stock.  ( 62 min )

No content preview

This is a company that may be unfamiliar to many investors, but it's worth getting to know.  ( 62 min )

No content preview

Here are two timely buys that can grow your money.  ( 61 min )

MicroStrategy's soaring share price resulted in a 10-for-1 stock split. Here's what you need to know.  ( 62 min )

These stocks all yield more than 3%.  ( 62 min )

No content preview

No content preview

These growing companies can help you build lasting wealth.  ( 63 min )

These stocks have been beating the market so far this year, and they could keep right on beating it.  ( 62 min )

I closed out five stock holdings and took profits on two more this week. Here's why I parted ways with these stocks.  ( 64 min )

The oil giant will need to cut its debt quickly after closing its CrownRock deal.  ( 62 min )

Chipotle has been executing well lately with sales growth of 14% year over year in the first quarter -- and there's more to come.  ( 62 min )

With or without Palantir, Starlab will probably be America's next space station.  ( 62 min )

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.  ( 63 min )

I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no mortgage. I’m retired military and bring in about $2,200 per month after taxes. […] The post Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I’m 58 With $700k in Retirement Savings, But I Won’t Collect Social Security for 7 Years appeared first on SmartReads by SmartAsset.  ( 64 min )

Expect the upsurge in these consumer stocks to continue.  ( 61 min )

These companies have more growth potential and are trading at better values than Apple.  ( 62 min )

“I have $1.5 million in retirement accounts, but just $160,000 in savings. I currently pay $4,000 in rent.”  ( 62 min )

The news likely didn't come as a big surprise to investors.  ( 61 min )

If you're on the hunt for high yields, then you'll want to dig into the midstream sector, and these two industry giants are the ones to pick.  ( 62 min )

Tesla may not be up much this year, but the company's valuation is trading exceptionally high compared to what it is expected to earn — compared to both its EV and "Magnificent" peers.  ( 61 min )

The memory specialist's stock price has been heading south of late.  ( 62 min )

History isn't necessarily a great guide for investors with Broadcom's recent stock split.  ( 62 min )

The "Oracle of Omaha" doesn't mind going against the grain.  ( 61 min )

These drugmakers may not be in perfect health right now, but that shouldn't last much longer.  ( 56 min )

There's a hidden danger in claiming benefits early.  ( 62 min )

The dividend yields on these stocks will likely grow even more attractive during a market correction.  ( 62 min )

At least six companies in Berkshire Hathaway's portfolio are now benefiting from artificial intelligence (AI).  ( 64 min )

Although nobody's ever gone broke taking a profit, hindsight doesn't always paint the prettiest picture on Wall Street.  ( 57 min )

Intel and Paycom are both going through painful transitions that should pay off in the long run.  ( 26 min )

Should investors consider booking profits following this recent analyst action?  ( 62 min )

Financial institutions snapping up Chinese government bonds are basically shorting the Chinese economy, China's central bank-backed Financial News reported on Saturday, citing what it said were the views of industry sources and experts. The report is the latest warning to the country's bond market after the People's Bank of China (PBOC) sounded concerns and introduced plans to sell treasury bonds to cool a bond rally.  ( 60 min )

Companies that perform stock splits are usually firing on all cylinders.  ( 63 min )

There's more to making your money last in retirement than pre-established withdrawal amounts.  ( 63 min )

You can bank these 6% to 8% dividend yields and sleep well at night.  ( 27 min )

No content preview

No content preview

Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. VinFast, founded by Vietnam's richest man Pham Nhat Vuong in 2017 and which turned to making fully electric vehicles in 2022, said it would now deliver 80,000 vehicles this year, down from the initially planned 100,000. In total, VinFast sold 21,747 units in the first half of 2024, an increase of 92% against the same period last year, but around one-fourth of the new yearly forecast.  ( 61 min )

(Bloomberg) -- The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals. Most Read from BloombergMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignAT&T Data Hack Prompts FCC Probe, Raises Broad Security ConcernsBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to Campaig  ( 62 min )

Costco has announced plans to raise its membership prices for the first time in seven years. Here's how they stack up against Sam's Club and BJ's.  ( 1 min )

Costco has announced plans to raise its membership prices for the first time in seven years. Here's how they stack up against Sam's Club and BJ's.  ( 21 min )

Homebuyers shouldn’t expect conditions to improve too much in the second half of 2024, with mortgage rates expected to remain elevated and supplies tight.  ( 21 min )

Op Schiphol is zaterdag sprake van "piekdrukte", doordat nu ook in het midden van het land de zomervakantie is begonnen. Een woordvoerder zegt tegen persbureau ANP dat het een van de drukste dagen van de zomerperiode is.  ( 1 min )

Op de wegen richting het zuiden van Europa is zaterdag al veel vakantiedrukte nu ook in het midden van het land de zomervakantie is begonnen. Ook op Schiphol is zaterdag sprake van "piekdrukte".  ( 1 min )

Op Schiphol is zaterdag sprake van "piekdrukte", omdat de zomervakantie nu ook voor het midden van het land is begonnen. Een woordvoerder zegt tegen ANP dat het een van de drukste dagen van de zomerperiode is.  ( 1 min )

Het aantal geregistreerde sekswerkers in Duitsland neemt toe, maar blijft onder het niveau van voor de coronapandemie. Dat blijkt uit cijfers die het Duitse statistiekbureau vrijdag heeft vrijgegeven.  ( 1 min )

Scholen hebben veel moeite om genoeg docenten voor het komende schooljaar te vinden. Er staan ruim 3.200 vacatures open in het onderwijs.  ( 1 min )

Benzinepompen en tabakswinkels worden platgelopen nu supermarkten sinds begin deze maand geen sigaretten meer verkopen. Dat levert in sommige gevallen meer omzet op. Al is dat wel lokaal bepaald, blijkt uit een rondgang van NU.nl.  ( 1 min )

Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy. Owning massive tech and growth companies such as Nvidia, Microsoft and Amazon has been a hugely profitable strategy for investors since early 2023, even as the stocks' market dominance has drawn comparisons to the dot-com bubble of the late 1990s. That calculus may start to change following Thursday's surprisingly cool inflation report, which solidified expectations for a near-term rate cut by the Federal Reserve.  ( 62 min )

After explosive bullish momentum this week, SoundHound AI stock is now up 192% this year.  ( 61 min )

No content preview

A U.S. trade regulator on Friday announced a suite of actions taking aim at "unfair and deceptive practices" it said are illegally imposed on U.S. franchisees by their brand owners, such as requiring new fees not outlined in franchise contracts, or using contract provisions to discourage franchisees from speaking with regulators. The U.S. Federal Trade Commission's declaration that these practices are illegal did not name any specific companies as being in violation of the law, but in doing so it took a stance on issues that have inflamed tensions in recent years between companies and operators at major brands like McDonald's and Subway. "Franchising is a chance for Americans to build a business," said FTC Chair Lina Khan in a statement.  ( 61 min )

No content preview

Excitement about unfolding AI opportunities helped power another round of gains for Arm stock.  ( 60 min )

Billionaire investor Mario Gabelli's investment firm is seeking more details about the valuation of National Amusements assets, the investor told Reuters on Friday, signaling the firm may challenge a landmark entertainment industry deal inked this week. Skydance Media and Paramount Global agreed on Sunday to merge, in a deal that would entail Skydance acquiring the Redstone family's holding company, National Amusements, which owns a controlling stake in Paramount. Gabelli Funds, which owns nearly 4.9 million Class-A voting shares in Paramount, is seeking greater transparency around the National Amusements deal, according to another source at Gabelli.  ( 61 min )

What's bad for inflation is good for digital coins and tokens.  ( 61 min )

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 62 min )

(Bloomberg) -- AT&T Inc. said thieves made off with a half-year’s worth of calling and text data from virtually its entire wireless user base, the widest-ranging breach yet in a campaign that’s ensnared as many as 165 customers of software seller Snowflake Inc.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignAT&T Data Hack Prompts FCC Probe, Raises Broad Security ConcernsJPMorgan Notches Record  ( 61 min )

(Bloomberg) -- The world’s biggest bond market is reaching a turning point, with US Treasuries wiping out their 2024 losses as traders start to embrace the idea of three interest-rate cuts this year. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallJPMorgan N  ( 62 min )

No content preview

No content preview

$6 for a bag of chips has consumers looking elsewhere, executives said.  ( 61 min )

In a recent discussion on retirement savings with Vox, labor economist Teresa Ghilarducci laid out some stark benchmarks: by age 30, you should have saved one times your annual salary; by 40, two and a half to three times; and by 60, eight to 10 times. These numbers left many New Yorkers, like Vanessa Longshaw, a 34-year-old vice president in communications, astounded. "You can see I’m laughing because who could save that much?" she said. Don't Miss: The average American couple has saved this mu  ( 62 min )

(Bloomberg) -- A hubbub on social media over Chipotle Mexican Grill Inc.’s portion sizes has sent the burrito chain’s shares into their worst tailspin in nearly a year.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignJPMorgan Notches Record Profit on Visa Gain, Dealmaking JumpTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveFCC Says It’s Investigating Massive Breach of AT&T Customer D  ( 62 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 61 min )

No content preview

Thanks again to Volkswagen, Rivian's stock is soaring.  ( 61 min )

Intel has a software business now -- but its stock still costs too much.  ( 61 min )

Find the latest AbbVie Inc. (ABBV) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

No content preview

No content preview

The electric vehicle battery start-up hit one of its biggest milestones yet, giving its languishing stock a much-needed fillip.  ( 61 min )

No content preview

(Bloomberg) -- Citigroup Inc. is shuttering unused credit card accounts as a growing number of customers fall behind on their payments. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveJPMorgan Notches Record Profit on Visa Gain, Dealmaking JumpUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallThe bank has a  ( 61 min )

No content preview

No content preview

A Wall Street revival provided a second-quarter boost to big banks at a time of rising challenges for their Main Street consumer operations.  ( 27 min )

No content preview

The late Charlie Munger, Warren Buffett's right-hand man and long-time partner at Berkshire Hathaway, left a legacy of wisdom that continues to guide investors. Although he passed away in 2023, his words from the 1999 Berkshire Hathaway annual shareholders meeting remain as relevant today as ever. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Many are surpris  ( 62 min )

Battery unit PowerCo would receive the licence to mass-produce battery cells based on QuantumScape technology  ( 60 min )

No content preview

It can be financially feasible to retire when projected retirement income equals or exceeds projected retirement expenses. In many cases, withdrawals from $1.6 million in a taxable brokerage account and $1.1 million in an IRA will total more than a typical retiree's expenses. However, much depends on the desired retirement lifestyle. Age at retirement is […] The post I’m 52 With $1.6 Million in a Taxable Brokerage Account and $1.1 Million in an IRA. Can I Retire Now? appeared first on SmartReads  ( 64 min )

No content preview

No content preview

Citigroup Inc (NYSE:C) reported a second-quarter fiscal 2024 revenue growth of 4% year-over-year to $20.14 billion, beating the analyst consensus estimate of $20.07 billion. GAAP EPS of $1.52 beat the analyst consensus estimate of $1.39. Net credit losses were $2.28 billion, up 52% year-over-year. Services revenue grew 3% year-over-year to $4.7 billion, primarily reflecting strength in Securities Services and the impact of continued underlying momentum in Treasury and Trade Solutions. Markets re  ( 61 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 65 min )

No content preview

If you think you’ve mastered financial basics, you’re either overconfident or in the minority. A new report from the Global Financial Literacy Excellence Center shows that the average American scored just 48% on a financial literacy test, with groups scoring as low as 37% in certain areas. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. Since the  ( 61 min )

No content preview

Jim Keller, a well-known engineer who’s worked at AMD and Tesla and now leads the AI company Tenstorrent, recently said something interesting on the DemystifySci podcast. He thinks Nvidia is becoming like IBM back in the day but in the AI world. While this shows how powerful Nvidia is right now in AI hardware, it also raises some concerns. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Mark Cuban bel  ( 62 min )

BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.  ( 61 min )

U.S. producer prices increased moderately in June, further confirmation that inflation had resumed its downward trend and strengthening the case for a September interest rate cut. The producer price index for final demand rose 0.2% last month after being unchanged in May, the Labor Department's Bureau of Labor Statistics said on Friday. The government reported on Thursday that consumer prices fell for the first time in four years in June amid cheaper gasoline and a broad deceleration in the costs of goods and services, including rents.  ( 60 min )

Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high. The Labor Department said Friday that its producer price index — which tracks inflation before it reaches consumers — rose 0.2% from May to June after being unchanged the month before. Excluding food and energy prices, which tend to bounce around from month to month, so-called core wholesale prices were up 0.4% from May and 3% from June 2023.  ( 61 min )

Bank of America Corporation (NYSE:BAC) will release its second-quarter financial results, before the opening bell on Tuesday, July 16. Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 80 cents per share, down from 88 cents per share in the year-ago period. Bank of America is expected to post revenue of $25.22 billion, according to data from Benzinga Pro. On July 9, Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target  ( 61 min )

Why have so many super-rich investors been taking profits in Meta Platforms?  ( 62 min )

No content preview

No content preview

Citigroup's profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its services division. The results come two days after U.S. regulators fined Citi $136 million for making "insufficient progress" in fixing data management problems identified in 2020. Citi had already booked the penalties and additional investments on the data work in the second quarter.  ( 61 min )

No content preview

No content preview

Alibaba Group Holding Limited (NYSE:BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports, potentially escalating trade tensions. Exports reached $308 billion, marking the third consecutive month of growth and the highest level in nearly two years, while imports fell to $209 billion, resulting in a $99 billion surplus, Bloomberg reports. Also Read: Alibaba and ByteDance Dominate China’s Growing Gen  ( 60 min )

Wells Fargo & Company (NYSE:WFC) earned a net income of $4.91 billion, down 1% year over year in the second quarter of 2024. The company reported a GAAP EPS of $1.33, beating the consensus of $1.29. Revenue rose 1% to $20.69 billion. Analysts expected $20.29 billion. The U.S. banking giant reported a 9% year-over-year drop in net interest income to $11.9 billion due to the impact of higher interest rates on funding costs, including the impact of lower deposit balances and customer migration to h  ( 61 min )

The warehouse club operator could've gone higher with its hike now, but it didn't so its stock price could move higher later.  ( 62 min )

No content preview

Profits at JPMorgan Chase surged in the second quarter due partly to an one-time accounting boost, but another drop in a key revenue source demonstrated the challenges facing even the biggest US bank.  ( 61 min )

No content preview

No content preview

Find the latest Xylem Inc. (XYL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Lenders are now facing the fallout of higher-for-longer interest rates as more borrowers balk at taking out new loans at high costs. Wells Fargo's net interest income (NII) -- or the difference between what it earns on loans and pays out for deposits -- slid 9% to $11.92 billion in the second quarter. Meanwhile, banks are also bracing for looming interest rate cuts by the Federal Reserve following an aggressive monetary policy launched in early 2022.  ( 60 min )

No content preview

Find the latest Argan, Inc. (AGX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 61 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 26 min )

JPMorgan Chase's profit rose in the second quarter, buoyed by rising investment banking fees and an $8 billion accounting gain from a share exchange deal with Visa. The largest U.S. bank's profit was $18.15 billion, or $6.12 per share, for the three months ended June 30, compared with $14.47 billion, or $4.75 per share, a year earlier, it said on Friday.  ( 59 min )

Nvidia has been one of the best stocks to own over the past two years.  ( 62 min )

(Bloomberg) -- At a time of hyper-polarized politics, even the wonky mechanics of US bond auctions are fair game — and that’s making Treasury Secretary Janet Yellen a new favorite target of some Trump-leaning Republicans. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer  ( 64 min )

It was a buy even before this development.  ( 62 min )

(Bloomberg) -- It’s been about 25 years since Wall Street had a serious bear hunt. And it appears another one is starting up now.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallJill Biden Has Some Explaining To DoEarly on Aug. 27, 1999, the finance world was  ( 63 min )

The Chinese EV maker just got hit by some high tariffs in Europe.  ( 62 min )

Are the analysts right about these Nvidia-backed AI stocks?  ( 62 min )

The master limited partnership offers a rock-solid, high-yielding income stream.  ( 61 min )

No content preview

TikTok, the global hit short video platform owned by ByteDance, is set to jump into Southeast Asia's local services sector, initially enabling users in Indonesia and Thailand to obtain vouchers for restaurants, flights and hotels via links on their feeds. Restaurants owners and merchants in those two countries are being encouraged to join the social media platform's "TikTok Local Services", according to a report on Friday by Chinese media outlet 36Kr. TikTok also plans to make a foray into leisu  ( 62 min )

JPMorgan Chase, the largest U.S. lender, is expected to report a decline in quarterly profit, with analysts expecting large lenders to set aside more money to cover deteriorating loans. Shares of both JPMorgan and Citigroup were marginally down ahead of results. As the S&P 500 and Nasdaq scale new peaks, investors are hoping for strong profit growth from companies beyond the heavyweight tech names such as Nvidia so that the U.S. stocks rally can broaden out.  ( 25 min )